This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXNPEBAG0BO_M.jpg
Shares of the company rose 3.2% in extended trading.
Lyft expects adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) loss for the second quarter to not exceed $325 million if average daily volumes in June remain unchanged from May levels.
Rides have risen week-over-week for seven consecutive weeks since the week ended April 12, the company said.
