The company's overall revenue exceeded expectations, coming in at $10.13 billion versus analysts' estimate of $10.11 billion, per LSEG.
Lyft – The ride-sharing company surged 5% after the company reported faster-than-expected growth in the first quarter.
Lyft reported $1.28 billion in revenue, higher than the FactSet consensus of $1.16 billion.
Arista Networks – Shares jumped 7% after the company reported better-than-expected first quarter results.
Teva Pharmaceuticals — Shares advanced nearly 14% after the company reported better-than-expected revenue in the first quarter.
Persons:
Lyft, FactSet, Rivian, Coupang, LSEG, Twilio, –, —, Samantha Subin, Tanaya Macheel, Michelle Fox, Alex Harring
Organizations:
Technologies, Revenue, LSEG, Intel, Department of Commerce, Huawei, Lyft, Electronic Arts, EA, Farfetch, Arista Networks –, Arista, Dutch Bros, Bros, Pharmaceuticals, Management
Locations:
China, Korea