06:06 PM EST, 02/11/2025 (MT Newswires) -- Lyft ( LYFT ) reported Q4 net income late Tuesday of $0.15 per diluted share, swinging from a loss of $0.07 a year earlier.

Revenue for the quarter ended Dec. 31 was $1.55 billion, up from $1.22 billion a year ago.

Analysts surveyed by FactSet expected $1.56 billion.

Lyft ( LYFT ) said its board has authorized the repurchase of up to $500 million of its Class A shares.

Shares of the company fell about 10% in after-hours activity.