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August 13, 2020 05:09 pm GMT

Despite a difficult Q2 2020, Lyft and Uber reiterate profit promises

Lyft is sticking to its previous target to hit quarterly adjusted profitability by the fourth period of 2021, a milestone it says it can achieve even with fewer rides. The company reiterated its quarterly adjusted profit target timeline a milestone based on earnings before interest, taxes, depreciation and amortization during its second-quarter earnings […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/z8zYe83O6Aw/

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