Q4 Earnings Outperformers: Lyft (NASDAQ:LYFT) And The Rest Of The Gig Economy Stocks
As the Q4 earnings season wraps, let's dig into this quarter's best and worst performers in the gig economy industry, including Lyft (NASDAQ:LYFT) and its peers.
The iPhone changed the world, ushering in the era of the 'always-on' internet and 'on-demand' services - anything someone could want is just a few taps away. Likewise, the gig economy sprang up in a similar fashion, with a proliferation of tech-enabled freelance labor marketplaces, which work hand and hand with many on demand services. Individuals can now work on demand too. What began with tech-enabled platforms that aggregated riders and drivers has expanded over the past decade to include food delivery, groceries, and now even a plumber or graphic designer are all just a few taps away.
The 6 gig economy stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 2.5% while next quarter's revenue guidance was in line.
While some gig economy stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 3.8% since the latest earnings results.
Lyft (NASDAQ:LYFT)
Founded by Logan Green and John Zimmer as a long-distance intercity carpooling company Zimride, Lyft (NASDAQ: LYFT) operates a ridesharing network in the US and Canada.
Lyft reported revenues of $1.55 billion, up 26.6% year on year. This print fell short of analysts' expectations by 0.9%. Overall, it was a mixed quarter for the company with a solid beat of analysts' EBITDA estimates but EBITDA guidance for next quarter missing analysts' expectations.
Lyft achieved the fastest revenue growth but had the weakest performance against analyst estimates of the whole group. The company reported 24.7 million users, up 10.3% year on year. Still, the market seems discontent with the results. The stock is down 2.9% since reporting and currently trades at $12.83.
Is now the time to buy Lyft? Access our full analysis of the earnings results here, it's free.
Best Q4: Angi (NASDAQ:ANGI)
Created by IAC's mergers of Angie's List and HomeAdvisor, ANGI (NASDAQ: ANGI) operates the largest online marketplace for home services in the US.
Angi reported revenues of $267.9 million, down 10.8% year on year, outperforming analysts' expectations by 5.3%. The business had a very strong quarter with an impressive beat of analysts' EBITDA estimates and a solid beat of analysts' number of service requests estimates.
Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 2.9% since reporting. It currently trades at $1.67.
Is now the time to buy Angi? Access our full analysis of the earnings results here, it's free.
Weakest Q4: Fiverr (NYSE:FVRR)
Based in Tel Aviv, Fiverr (NYSE:FVRR) operates a fixed price global freelance marketplace for digital services.
Fiverr reported revenues of $103.7 million, up 13.3% year on year, exceeding analysts' expectations by 2.3%. Still, it was a slower quarter as it posted a decline in its buyers and EBITDA guidance for next quarter missing analysts' expectations.
As expected, the stock is down 20.7% since the results and currently trades at $26.25.
Read our full analysis of Fiverr's results here.
Uber (NYSE:UBER)
Notoriously funded with $7.7 billion from the Softbank Vision Fund, Uber (NYSE:UBER) operates a platform of on-demand services such as ride-hailing, food delivery, and freight.
Uber reported revenues of $11.96 billion, up 20.4% year on year. This result topped analysts' expectations by 1.6%. More broadly, it was a satisfactory quarter as it also produced strong growth in its users but EBITDA in line with analysts' estimates.
The company reported 171 million users, up 14% year on year. The stock is up 9.3% since reporting and currently trades at $76.22.
Read our full, actionable report on Uber here, it's free.
DoorDash (NASDAQ:DASH)
Founded by Stanford students with the intent to build 'the local, on-demand FedEx", DoorDash (NYSE:DASH) operates an on-demand food delivery platform.
DoorDash reported revenues of $2.87 billion, up 24.8% year on year. This number surpassed analysts' expectations by 1.1%. Aside from that, it was a mixed quarter as it also logged strong growth in its requests but EBITDA guidance for next quarter slightly missing analysts' expectations.
The company reported 685 million service requests, up 19.3% year on year. The stock is up 2.9% since reporting and currently trades at $198.66.
Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Join Paid Stock Investor Research
Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
41 minutes ago
- Cision Canada
i-80 Gold Announces Voting Results From its 2025 Meeting of Shareholders
RENO, Nev., June 17, 2025 /CNW/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80" or the "Company") is pleased to announce the results of its 2025 annual and special meeting of shareholders (the "Meeting") held on June 17, 2025. A total of 235,438,321 common shares, representing approximately 53.1% of the Company's outstanding common shares as at the April 23, 2025 record date, were voted by proxy at the Meeting. A summary of the results are as follows: 1. Number for Directors At the Meeting, shareholders approved setting the number of directors of the Company at seven. 2. Election of Directors All director nominees listed in the Company's management information circular dated April 29, 2025 were elected as directors of the Company on a vote held by ballot. 3. Appointment of Auditor Shareholders approved the reappointment of Grant Thornton LLP (USA), Chartered Professional Accountants as the Company's auditors and authorized the directors of the Company to fix their remuneration. 4. Advance Notice Policy Shareholders approved the Company's Advance Notice Policy outlining the procedures and requirements for nominating individual directors to the board of the Company. The voting results with respect to all matters voted upon at the Meeting will be filed on SEDAR+ at and on EDGAR at About i-80 Gold Corp. i-80 Gold Corp. is a Nevada-focused mining company committed to building a mid-tier gold producer through a new development plan to advance its high-quality asset portfolio. The Company is the fourth largest gold mineral resource holder in the state with a pipeline of high-grade exploration projects advancing towards feasibility and one operating project ramping-up toward steady state, all strategically located in Nevada's most prolific gold-producing trends. Leveraging its fully permitted central processing facility following an anticipated refurbishment, i-80 Gold is executing a hub-and-spoke regional mining and processing strategy to maximize efficiency and growth. i-80 Gold's shares are listed on the Toronto Stock Exchange (TSX: IAU) and the NYSE American (NYSE:IAUX). For more information, visit
Globe and Mail
9 hours ago
- Globe and Mail
NYSE Content Advisory: Pre-Market update + ICE begins trading on NYSE Texas
NEW YORK , June 17, 2025 /CNW/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on June 17th Intercontinental Exchange (NYSE: ICE), the parent company of the NYSE, will see its shares begin trading on NYSE Texas today following its dual listing. This year, NYSE Texas became the first securities exchange to operate in the Lone Star State. Stocks are down fractionally Tuesday morning as traders continue to monitor conflict in the Middle East . President Trump cut short his trip to the G7 Summit to return to Washington D.C. as attacks continued. President Trump downplayed the chances of a ceasefire between Israel and Iran and on Truth Social on Monday, called for an immediate evacuation of Tehran . Opening Bell Virtu Financial (NYSE: VIRT) celebrates its transfer to the New York Stock Exchange Click here to download the NYSE TV App SOURCE New York Stock Exchange
Cision Canada
9 hours ago
- Cision Canada
AI Healthcare Funding Surges as Real-World Rollouts Hit Pharmacies, Hospitals, and Providers
VANCOUVER, BC, June 17, 2025 /CNW/ -- Venture Capital continues to flow in bunches into the AI in healthcare sector, with AI companies capturing more than half of digital health funding in Q1. Investors are seeking novel opportunities that tap into this space, with private companies such as Ellipsis Health and Autonomize AI recently receiving $45M and $28M respectively for their innovations. For other investors seeking opportunities among publicly traded companies, there's been plenty of development to follow from innovators, including from Avant Technologies, Inc. (OTCQB: AVAI), IQVIA Holdings Inc. (NYSE: IQV), SoundHound AI, Inc. (NASDAQ: SOUN), RadNet, Inc. (NASDAQ: RDNT), and The Cigna Group (NYSE: CI). According to McKinsey's Global Institute, generative AI isn't just a buzzword — it could deliver between $60 and $110 billion in annual value just within pharma and medical products. Meanwhile, Statista now expects the broader AI healthcare market to explode from $11 billion today to a staggering $188 billion by 2030, reflecting a major shift in how technology is expected to transform patient care, diagnostics, and operational efficiency. For example, screenings for diabetic retinopathy are now live across Costa Rica, Nicaragua, and Panama after Avant Technologies, Inc. (OTCQB: AVAI) and joint-venture partner Ainnova Tech began rolling out free Vision AI scans inside Grupo Dökka's Fischel and La Bomba pharmacy chains. The quick, non-invasive test looks for early retinal changes that often appear before symptoms, then delivers secure results in minutes. By placing the service in retail pharmacies—and preparing a parallel launch in Mexico—the partners are moving care closer to patients while collecting real-world evidence that can guide wider commercialization. "As we begin similar initiatives in Mexico, our goal is to close the patient care loop with timely treatment, connecting every step of the journey," said Vinicio Vargas, CEO of Ainnova Tech and board member of Ai-nova Acquisition Corp. "We are integrating pharma, retail, ophthalmologists, and our technology into a unified experience, all driven by one incentive, the well-being of the diabetic patient." The live-patient campaign gives Avant a timely proof point as it works to bring Vision AI under one roof. Earlier this month the company signed a non-binding letter of intent to acquire 100% of Ainnova, unifying leadership, intellectual property, and data ahead of a scheduled FDA pre-submission meeting in July. Folding the joint venture into a single public entity would eliminate the current holding-company structure and streamline everything from regulatory filings to revenue recognition. Management believes the simplified cap table will resonate with investors and prospective partners alike. While the corporate lawyers handle due diligence, engineers are putting final touches on a low-cost, automated retinal camera designed to pair seamlessly with Vision AI. Traditional fundus cameras can cost tens of thousands of dollars and require skilled technicians. Avant's prototype is hands-free, feeds images directly into the cloud platform, and is expected to ship at a fraction of legacy pricing. If performance data match internal tests, primary-care clinics and resource-constrained health systems could screen large diabetic populations without adding specialist staff. Vision AI itself is also widening its clinical scope. A patented dementia-risk module —combining a five-minute blood assay with AI pattern recognition—remains in validation, while cardiovascular-risk analytics are progressing through pilot studies in Latin America. Each new indication plugs into the same software backbone, positioning Avant as a platform rather than a single-product story. Financially, the merger would roll all outstanding Ainnova equity into the publicly traded company, avoiding cash dilution and aligning incentives for the combined team. Leadership has signaled that post-deal capital raises, if needed, would be targeted toward finishing the camera, scaling pharmacy deployments, and supporting U.S. regulatory work. Taken together, the live pharmacy screenings, pending acquisition, and upcoming device launch mark a pivotal stretch for Avant. The company is evolving from an AI incubator into a full-stack diagnostics firm with proprietary hardware, a growing menu of predictive algorithms, and on-the-ground distribution partners. If the strategy holds, Vision AI could shorten referral times, open earlier treatment windows, and give emerging-market providers affordable access to specialist-level insights—translating technology headlines into measurable patient impact. IQVIA Holdings Inc. (NYSE: IQV) has launched a new suite of AI agents tailored for the life sciences and healthcare sectors. "This is a pivotal opportunity to deliver the precise, efficient workflows and insights required by the modern life sciences industry," said Bhavik Patel, President of Commercial Solutions of IQVIA. "Our collaboration with NVIDIA helps us realize our vision to power smarter healthcare for everyone, everywhere." Built using NVIDIA's NIM Agent Blueprints and NeMo platforms, these agentic tools aim to accelerate research, streamline workflows, and improve clinical and commercial decision-making. The rollout marks a major step in applying domain-specific AI to real-world pharmaceutical challenges, from target identification to HCP engagement. SoundHound AI, Inc. (NASDAQ: SOUN) and Allina Health have launched"Alli," a conversational AI agent designed to improve the patient experience by automating key access points in the healthcare system. "Long wait times and administrative complexity can be a huge source of stress for patients," said Michael Anderson, Executive Vice President of Enterprise AI of SoundHound AI. "We are proud to partner with Allina Health on this important digital transformation. The organization is taking a forward-thinking approach by integrating AI to support patients with immediate, personalized assistance." Deployed inside Allina Health's Customer Experience Center, Alli connects directly with electronic medical records to authenticate callers and manage appointments. With 80% of calls now answered in under 45 seconds, the system has helped reduce wait times while freeing up staff for more complex patient needs. RadNet, Inc. (NASDAQ: RDNT) has acquired See-Mode Technologies, a company specializing in AI-powered ultrasound tools for thyroid and breast diagnostics. "Early deployment of See-Mode's FDA -approved thyroid ultrasound AI across a portion of our imaging centers has demonstrated up to a 30% reduction in scan time," said Dr. Howard Berger, President and Chief Executive Officer of RadNet. "The increase in capacity should improve our ability to drive better access and more revenue through RadNet's existing centers." The integration is expected to enhance operational capacity across RadNet's imaging centers and add value to its DeepHealth platform. With existing reimbursement pathways and a high annual volume of ultrasound exams, the acquisition is positioned to create new revenue opportunities and clinical efficiencies. Cigna Healthcare, a division of The Cigna Group (NYSE: CI), has rolled out a suite of AI-powered tools through its myCigna member portal to simplify key insurance tasks like finding care, checking benefits, and tracking costs. "Everyday moments in health care need to be easier," said Katya Andresen, Chief Digital and Analytics Officer of The Cigna Group. "These enhancements are a significant step in our journey to transform the experience and put customers at the heart of it." These enhancements include an AI virtual assistant, real-time cost tracking, personalized provider matching, and automated claim support. Early results show high user engagement and improved customer satisfaction, reinforcing Cigna's goal of making health coverage more intuitive and accessible. Source: need-to-know/ DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for Avant Technologies Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares Avant Technologies Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Avant Technologies Inc. which were purchased in the open market. MIQ reserves the right to buy and sell, and will buy and sell shares of Avant Technologies Inc. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
