In the second quarter, Lyft reported revenue of $339.3 million and earnings per share of negative $1.41.
Compared to its year-ago results, Lyft’s quarter was a mess.
Revenue fell from $867.3 million, or 61%, in the quarter, and its adjusted net loss in Q2 came to $265.8 million, worse than its year-ago adjusted net loss of $197.3 million.
Adjusted EBITDA slipped from a $204.1 million loss in Q2 2019 to a deficit of $280.3 million in the company’s most recent quarter.