Lyft, Inc. (NASDAQ:LYFT) Q1 2022 Earnings Conference Call May 3, 2022 4:30 PM ET

Company Participants

Sonya Banerjee - Head of IR

Logan Green - Co-Founder and CEO

Elaine Paul - Chief Financial Officer

John Zimmer - Co-Founder and President

Conference Call Participants

Doug Anmuth - JPMorgan

Eric Sheridan - Goldman Sachs

Stephen Ju - Credit Suisse

Mark Mahaney - Evercore

Deepak Mathivanan - Wolfe Research

Ygal Arounian - Wedbush

John Blackledge - Cowen

Brad Erickson - RBC

Benjamin Black - Deutsche Bank

Steven Fox - Fox Advisors

Lloyd Walmsley - UBS

Operator

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

I would now like to turn the conference 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 March 31, 2022. Joining me today 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, the performance of our business, future financial results and guidance, 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-K/A for full year 2021 filed on April 29, 2022 and in our Form 10-Q for the first quarter of 2022 that will be filed by May 10, 2022, as well as the current uncertainty and unpredictability in our business, the markets and economy.

You should not rely on our forward-looking statements as prediction of future events, all forward looking statement 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. It may also be found on our Investor Relations website.