Lyft reports record Q4: $1.6B revenue (+27% YoY), first full-year GAAP profit, $500M buyback

Lyft, Inc.

2024-FY EPS reported $0.06 revenue$5,786,016,000

Q4 net income $61.7M vs loss -$26.3M; full-year net income $22.8M vs loss -$340.3M.
Q4 revenue $1.6B (+27% YoY); Gross Bookings $4.3B (+15%); Adjusted EBITDA $112.8M (+69%).
2024 rides 828M (+17% YoY); active riders 24.7M Q4 all-time high.
Inaugural $500M share repurchase program authorized by board.
Q1 2025 outlook: rides mid-teens growth, Gross Bookings $4.05-4.20B, Adj. EBITDA $90-95M.

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