Lyft CFO Clarifies Mistake: Margins Expected to Grow by 50 Basis Points, Not 500
Lyft's CFO corrects a press release error, confirming that the company's margins are projected to expand by 50 basis points instead of 500, providing clarity to investors and analysts. 🚗
About this video
The company is actually expecting margins to expand by 50 basis points — not 500 — acknowledging, when asked by an analyst, that the press release was incorrect.
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815
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0:50
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Published
Feb 14, 2024
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