The ride-hailing company reported continuing revenue growth on Tuesday, but steep losses remain.
Lyft expects 2019 to be its worst year in terms of financial losses, the ride-hailing company's CFO told Wall Street analysts on Tuesday.
For the first three months of 2019, Lyft's net loss came in at $211.5 million, the company said. Revenues, meanwhile, rose to $776 million where Wall Street analysts polled by Bloomberg had expected $738.5 million.
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