Lyft, Inc. (LYFT) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.094 GDP, FP&A, and investor relations. 00:00:02.094 -- 00:00:04.177 Please go ahead. 00:00:04.177 -- 00:00:10.086 Thank you. Welcome to the LEFT earnings call for the first quarter 2025. 00:00:10.086 -- 00:00:15.734 On the call today, we have our CEO, David Reischer, and our CFO, Erin Brewer. 00:00:15.734 -- 00:00:20.160 Starting with this call and going forward, our full prepared remarks will be available 00:00:20.160 -- 00:00:26.660 on the IR website before the call, and we will use this time to answer more of your questions. 00:00:26.660 -- 00:00:31.005 We make forward-looking statements on today's call relating to our business strategy 00:00:31.005 -- 00:00:36.211 and performance, partnerships, future financial and operating results, 00:00:36.211 -- 00:00:39.074 trends in our marketplace and guidance. 00:00:39.074 -- 00:00:43.880 These statements are subject to risks and uncertainties that could cause our actual results 00:00:43.880 -- 00:00:49.046 to differ materially from those projected or implied during this call. 00:00:49.046 -- 00:00:54.111 These factors and risks are described in our earnings materials and our recent SEC 00:00:54.111 -- 00:00:59.118 filings. All of the forward-looking statements that we make on today's call 00:00:59.118 -- 00:01:04.266 are based on our beliefs as of today, and we disclaim any obligation to update any 00:01:04.266 -- 00:01:08.933 forward-looking statements except as required by law. 00:01:08.933 -- 00:01:12.759 Additionally, today we are going to discuss customers. 00:01:12.759 -- 00:01:16.164 For ride share, there are two customers in every car. 00:01:16.164 -- 00:01:20.991 The driver is Lyft's customer, and the rider is the driver's customer. 00:01:20.991 -- 00:01:26.053 We care about both....