lyft inc revenue increased 73 year over year during what its ceo called a “great” third quarter as ridehailing continued to recover the company said tuesday lyft lyft also said it achieved record revenue per rider and that it posted its second consecutive quarter of adjusted ebitda profitability “driver supply materially improved in q3 up nearly 45 versus last year reflecting strong new driver trends” logan green cofounder and chief executive of lyft said in a news release lyft shares rose about 4 after hours after falling 23 in the regular session to close at 4532 the company said it had 189 million active riders short of analysts’ expectation of 196 million the san franciscobased company reported a net loss of 715 million or 21 cents a share compared with a loss of 4595 million or 146 a share in the yearago period adjusted for stockbased compensation and payrolltax costs net income was 178 million revenue rose to 8644 million from 4997 million in the yearago quarter analysts surveyed by factset had forecast a loss of 2 cents a share on revenue of 8624 million lyft stock is down more than 55 so far this year but has risen 89 in the past 52 weeks by comparison the sp 500 index spx is up about 22 year to date and about 39 in the past year