Analysts Expectations: Lyft and Share Count

analysts expectations: Even after adjustments, Lyft claimed losses of more than 200 million, or 9.02 a share a figure that is inflated because shares related to the IPO were not used in its share count, which was captured at the end of the quarter and before the IPO closed, according to Market Watch. Shares bounced around in after-hours action, finishing the extended session down 1.8%. Lyft reported first-quarter revenue of 776 million, better than analysts' expectations, but Lyft's revenue does not tell the entire story. Lyft's LYFT, -7.41% first-quarter results were not an auspicious beginning for the ride-hailing company, as it reported quarterly losses that topped 1 billion thanks to the stock-based compensation that is always an issue in the first quarter after initial public offerings. As Market Watch has detailed with both Lyft and rival Uber Technologies Inc.UBER, -7.62% ride-hailing companies are reporting only part of each transaction, the amount of money that goes to the company instead of the driver. Lyft offered total bookings information in its pre-IPO regulatory filings for 2016, 2017 and 2018, which is the total revenue generated by the ride-hailing app including the total paid to drivers. For more Five things to know about the Uber IPO Both companies had been offering potential investors numbers that gave a look at the full operations. ( As reported in the news.

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