Lyft reports Q2 revenue up 16% YoY to $1.84B, vs. $1.81B est., rides up 12% to 262.4M, and expects Q3 gross bookings growth to slow to 15%-19%
The company's gross bookings rose 23% to $5.5 billion in the latest quarter — Lyft's second-quarter bookings rose, boosted by overall demand, particularly for its premium rides.