Lyft Q1 Revenue $1.45 Billion Versus IBES Estimate $1.47 Billion

May 8 (Reuters) - Lyft Inc LYFT.O:

• LYFT: INCREASING SHARE REPURCHASE PROGRAM TO $750 MILLION & ACCELERATE REPURCHASES TO DEPLOY $500 MILLION WITHIN NEXT 12 MONTHS

• LYFT Q1 REVENUE $1.45 BILLION VERSUS IBES ESTIMATE $1.47 BILLION

• LYFT Q1 GROSS BOOKINGS $4.16 BILLION VERSUS IBES ESTIMATE $4.15 BILLION

• LYFT Q1 ADJUSTED EBITDA $106.5 MILLION VERSUS IBES ESTIMATE $92.4 MILLION

• LYFT Q1 EPS $0.01

• Q1 EARNINGS PER SHARE VIEW $0.19 -- LSEG IBES DATA

• LYFT OUTLOOK Q2 GROSS BOOKINGS $4.41 BILLION TO $4.57 BILLION VERSUS IBES ESTIMATE $4.5 BILLION

• LYFT OUTLOOK Q2 RIDES GROWTH IN MID-TEENS Y-O-Y

• LYFT OUTLOOK Q2 ADJUSTED EBITDA $115 MILLION TO $130 MILLION VERSUS IBES ESTIMATE $123.2 MILLION

• LYFT SAYS ON TRACK TO DELIVER ANNUAL TARGETS IN 2025 - PREPARED REMARKS

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