Lyft reports Q3 revenue up 22% YoY to $1.05B, riders up 7% YoY to 20.31M, vs. 21.3M est., and a $422.2M net loss, up from $99.7M YoY; the stock drops 10%+ (Preetika Rana/Wall Street Journal)

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Preetika Rana / Wall Street Journal:
Lyft reports Q3 revenue up 22% YoY to $1.05B, riders up 7% YoY to 20.31M, vs. 21.3M est., and a $422.2M net loss, up from $99.7M YoY; the stock drops 10%+  —  The number of people using the ride-sharing app grew less than analysts had been predicting  —  Uber, Lyft and the Crucial Challenge for Profitability in 2022

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