Lyft, Inc. (NASDAQ:LYFT) Q3 2022 Earnings Conference Call November 7, 2022 4:30 PM ET

Company Participants

Sonya Banerjee - Head, IR

Logan Green - Co-Founder, CEO & Director

Elaine Paul - CFO

John Zimmer - Co-Founder, President & Vice Chairman

Conference Call Participants

Douglas Anmuth - JPMorgan Chase & Co.

Stephen Ju - Crédit Suisse

Mark Mahaney - Evercore ISI

John Blackledge - Cowen

Eric Sheridan - Goldman Sachs

Steven Fox - Fox Advisors

Deepak Mathivanan - Wolfe Research

Brian Nowak - Morgan Stanley

Benjamin Black - Deutsche Bank

Operator

Good afternoon, and welcome to the Lyft Third Quarter 2022 Earnings Call. [Operator Instructions]. As a reminder, this conference call is being recorded.

I would now like to turn the call over to Sonya Banerjee, Head of Investor Relations. You may begin.

Sonya Banerjee

Thank you. Welcome to the Lyft earnings call for the quarter ended September 30, 2022. Joining me to discuss Lyft's results and key business initiatives are our Co-Founder and CEO, Logan Green; Co-Founder and President, John Zimmer; and Chief Financial Officer, Elaine Paul. A recording of this conference call will be available on our Investor Relations website at investor.lyft.com, shortly after this call has ended.

I'd like to take this opportunity to remind you that during the call, we will be making forward-looking statements. This includes statements relating to the expected impact of the continuing COVID-19 pandemic macroeconomic factors, the performance of our business, future financial results and guidance, including the impact of our cost reduction initiatives, strategy, long-term growth and overall future prospects.

We may also make statements regarding regulatory matters. These statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those projected or implied during this call. In particular, those described in our risk factors included in our Form 10-Q for the second quarter of 2022 filed on August 5, 2022, and in our Form 10-Q for the third quarter of 2022 that will be filed by November 9, 2022, as well as risks related to the current uncertainty in the markets and economy.

You should not rely on our forward-looking statements as predictions of future events. All forward-looking statements that we make on this call are based on assumptions and beliefs as of the date hereof, and Lyft disclaims any obligation to update any forward-looking statements, except as required by law.

Our discussion today will include non-GAAP financial measures. These non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from our GAAP results. Information regarding our non-GAAP financial results, including a reconciliation of our historical GAAP to non-GAAP results may be found in our earnings release, which was furnished with our Form 8-K filed today with the SEC as well as in our earnings slide deck. These materials may also be found on our Investor Relations website.