Lyft CFO to Participate in Goldman Sachs Fireside Chat
PorAinvest
martes, 2 de septiembre de 2025, 4:04 pm ET1 min de lectura
LYFT--
During the fireside chat, Brewer may make forward-looking statements and discuss non-GAAP financial measures such as Adjusted EBITDA, Adjusted EBITDA margin (calculated as a percentage of Gross Bookings), and free cash flow. These statements and discussions will provide investors with a glimpse into Lyft's expectations and strategies for future growth and performance.
Lyft recently announced a private offering of $450 million in convertible bonds (CBs) due 2030. The company plans to use the net proceeds for general purposes, including working capital, capital expenditures, potential acquisitions, and strategic transactions. Additionally, Lyft intends to use the proceeds to pay the cost of capped calls and derivative transactions employed to offset dilution, and to repurchase up to $100 million of its stock from CB purchasers [1].
In the past quarter, Lyft reported earnings of 10 cents per share, beating the analyst consensus estimate of four cents. Quarterly revenue came in at $1.58 billion, which missed the Street estimate of $1.61 billion. As of June 30, the company's cash and cash equivalents stood at $913.8 million [4].
Lyft's stock has been trading within its 52-week range of $9.66 to $19.06, according to Benzinga Pro data. The stock was up 0.15% at $16.24 at the time of publication on Tuesday [4].
Investors can gain exposure to the stock via ProShares On-Demand ETF OND and Amplify ETF Trust Amplify Travel Tech ETF AWAY [4].
References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3UP0NI:0-lyft-slips-after-unveiling-450-mln-convertible-debt-deal/
[2] https://www.businesswire.com/news/home/20250902786670/en/Lyft-CFO-to-Participate-in-Fireside-Chat-Hosted-by-Goldman-Sachs
[3] https://www.stocktitan.net/news/LYFT/lyft-cfo-to-participate-in-fireside-chat-hosted-by-goldman-6p2jh78658fv.html
[4] https://www.benzinga.com/markets/offerings/25/09/47455428/lyft-turns-to-wall-street-for-450-million-whats-the-ride-hailer-planning-next
Lyft CFO Erin Brewer will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference on Sept. 9, 2025. The event will be webcast live on Lyft's investor relations website. Lyft is a global mobility platform offering rideshare, taxis, and other transportation services across 4 continents and nearly 1,000 cities. The company may make forward-looking statements and discuss non-GAAP financial measures during the chat.
Lyft, Inc. (Nasdaq: LYFT), the global mobility platform, has announced that its Chief Financial Officer, Erin Brewer, will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference on Tuesday, September 9, 2025, in San Francisco, CA. The event, which will be webcast live on Lyft's investor relations website, is expected to provide insights into the company's financial strategies and future plans.During the fireside chat, Brewer may make forward-looking statements and discuss non-GAAP financial measures such as Adjusted EBITDA, Adjusted EBITDA margin (calculated as a percentage of Gross Bookings), and free cash flow. These statements and discussions will provide investors with a glimpse into Lyft's expectations and strategies for future growth and performance.
Lyft recently announced a private offering of $450 million in convertible bonds (CBs) due 2030. The company plans to use the net proceeds for general purposes, including working capital, capital expenditures, potential acquisitions, and strategic transactions. Additionally, Lyft intends to use the proceeds to pay the cost of capped calls and derivative transactions employed to offset dilution, and to repurchase up to $100 million of its stock from CB purchasers [1].
In the past quarter, Lyft reported earnings of 10 cents per share, beating the analyst consensus estimate of four cents. Quarterly revenue came in at $1.58 billion, which missed the Street estimate of $1.61 billion. As of June 30, the company's cash and cash equivalents stood at $913.8 million [4].
Lyft's stock has been trading within its 52-week range of $9.66 to $19.06, according to Benzinga Pro data. The stock was up 0.15% at $16.24 at the time of publication on Tuesday [4].
Investors can gain exposure to the stock via ProShares On-Demand ETF OND and Amplify ETF Trust Amplify Travel Tech ETF AWAY [4].
References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3UP0NI:0-lyft-slips-after-unveiling-450-mln-convertible-debt-deal/
[2] https://www.businesswire.com/news/home/20250902786670/en/Lyft-CFO-to-Participate-in-Fireside-Chat-Hosted-by-Goldman-Sachs
[3] https://www.stocktitan.net/news/LYFT/lyft-cfo-to-participate-in-fireside-chat-hosted-by-goldman-6p2jh78658fv.html
[4] https://www.benzinga.com/markets/offerings/25/09/47455428/lyft-turns-to-wall-street-for-450-million-whats-the-ride-hailer-planning-next

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