Earnings

Earnings
Wish Looks to Lure Bargain Hunters With Easier Discovery, Increased Ad Spend
August 09, 2022

Embattled eCommerce marketplace Wish.com says it’s pinning its recovery hopes on a strong second half fueled by bargain-hunting holiday shoppers in search of a deal at a time of growing economic stress and concern among consumers. Get the Full Story Complete the form to unlock...

Earnings
GoodRx Looks to Win Back Customers at Time of Increased Need for Cost Relief
August 09, 2022

Pharmaceutical price-shopping platform GoodRx says it is pivoting to regain lost sales and customers now that it has settled a costly spat with a grocery chain’s drug store, but warned the process would take time to complete. Get the Full Story Complete the form to...

Earnings
Upstart Sees Share Highs Plummet on Missed Q2 Earnings
August 09, 2022

Artificial intelligence (AI) lending marketplace Upstart on Monday (Aug. 8) delivered lower than expected financial results for the second quarter of fiscal year 2022 that brought close to a 15% share price drop in after trading hours following stock gains in the past week that touched new...

Earnings
India’s Payments Company Paytm’s Shares Bounce Up 6% on Earnings Surge
August 08, 2022

Paytm shares jumped over 6% on Monday, hitting the highest level in almost six months, after parent company One 97 Communications saw an 89% surge in revenue for the quarter, a Reuters report said. Get the Full Story Complete the form to unlock this article...

Earnings
Blue Apron CEO: Meal Kit Customers Take Price Increases on the Chin
August 08, 2022

As inflation continues and the impending recession weighs heavy on consumers’ minds, many are making changes to their food purchasing. However, meal kit company Blue Apron is noticing that, while the changes in the overall economy might affect their decisions, price increases implemented by the...

Earnings
Amwell Announces Pact to Power CVS Virtual Care Offering During Q2 Call
August 04, 2022

Amwell is driving ahead with its vision of becoming a platform of platforms with its Converge initiative with clients — most notably CVS Health — as the company moves aggressively to become a dominant player in the space in what it called a “transitional time.” Get the...

Earnings
Selecta: Strong H1 Results Drive Shift From Vending Machines to NextGen Autonomous FoodTech
August 04, 2022

Swiss FoodTech company Selecta used the presentation of its first half (H1) 2022 results Wednesday (Aug. 3) to announce its new ESG targets, built around the four pillars of protecting the environment, creating healthy and sustainable products, maintaining a sustainable supply chain, and being a...

Earnings
Caterpillar’s Q2 Shows How Companies Reap Current Rewards From Old Tech Investments
August 04, 2022

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Earnings
Robinhood Seeks Fresh Following as Client Rosters, Revenue Plummet
August 03, 2022

For Robinhood, it may feel a bit like the clock is ticking. The latest quarter showed a precipitous decline in the platform’s core business, at the same time management is seeking to broaden the appeal of new card-based and rewards initiatives. Get the Full Story...