How did Free Global C's revenue and expenses shift in Q3 2024?

Lyft's Revenue and Expenses Analysis for Q3 2024:

1. Revenue Growth: Lyft reported a significant increase in revenue for Q3 2024, with gross bookings reaching $4.1 billion, a 16% year-over-year growth. This was accompanied by a 32% year-over-year rise in revenue, reaching $1.5 billion.
2. Expense Overview: During the same quarter, Lyft incurred a net loss of $12.4 million, which included a restructuring charge of $36.4 million. This was an increase from the net loss of $12.1 million recorded in Q3 2023.
3. Operational Performance: Lyft's operational performance showed improvements, with active riders and rides reaching all-time highs. Active riders numbered 24.4 million, a 9% increase year-over-year, while rides totaled 217 million, a 16% increase year-over-year.
4. Cash Flow: Lyft's net cash provided by operating activities was $264 million in Q3 2024, a substantial increase from the $2.3 million recorded in the same quarter of the previous year. Additionally, the company reported a free cash flow of $242.8 million, a significant improvement from the negative free cash flow of $30 million in Q3 2023.

In conclusion, Lyft experienced robust revenue growth and improvements in cash flow for Q3 2024, despite incurring a higher net loss due to restructuring charges. The company's operational performance indicators, such as active riders and rides, reached new highs, suggesting a strong market demand and user engagement.