Earnings

Earnings
FIS Plans Expansions Into New Markets, Locations in 2022
February 15, 2022

FinTech platform FIS touted its expansion into new countries in 2021, and plans to keep expanding this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Earnings
Tim Hortons Touts Record-High Digital Mix in Canada
February 15, 2022

Restaurant Brands International’s loyalty strategy is clicking into place. On a call Tuesday (February 15) discussing the firm’s fourth-quarter and full-year 2021 results, the Toronto, Canada-based company, parent of popular brands Burger King, Tim Hortons, Popeyes, and Firehouse Subs, touted “improvement” in its digital channels...

Earnings
Paytm Lending Unit Paying Off with Record Gains
February 14, 2022

Digital payments service Paytm has been taking a hit lately, with negative buzz about sliding share prices and widening losses as it closed out 2021. But January is showing a few signs of a rebound as its lending business takes off and other indicators climb....

Earnings
Affirm Results Shine Light on Merchant Take Rate Tradeoffs
February 11, 2022

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Earnings
Shares Tumble as Zomato Delivers Lukewarm Q3 Results
February 11, 2022

Indian food delivery group Zomato delivered lukewarm third-quarter results, causing shares to tumble almost 9% on Friday (Feb. 11), with just a 1.7% uptick in sequential gross order value (GOV) as pandemic restrictions eased and indoor dining resumed. Total GOV escalated 84.5% over last year....

Earnings
Sell Now, Ask Later: Affirm Investors Look For Answers as Stock Declines 21%
February 11, 2022

There’s a well-known bumper sticker that succinctly condenses a fatalistic worldview into two simple words: “Stuff Happens.”While that* is a polite interpretation of the actual saying, it fairly characterizes the final five hours of hell endured by Buy Now, Pay Later provider Affirm on Thursday...

Earnings
Western Union’s Digital Money Transfer Business Now 24% of C2C Revenues
February 10, 2022

Western Union posted fourth-quarter results that showed continued momentum in digital transactions, up double-digit percentages year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Earnings
CPG Giants Enjoy Digital Gains Despite Turning Focus Away from eCommerce
February 10, 2022

For leading consumer packaged goods (CPG) firms today, innovation looks less like new sales channels or technology-powered strategies and more like new product lineups. Despite pronounced eCommerce growth, these companies are not leaning very heavily on digital channels to ensure their success in the year...

Earnings
Online Car Retailer Cazoo To Generate $2B+ Revenue In 2022 From Expanding Europe Operations
February 10, 2022

Europe’s leading online car retailer, Cazoo, announced on Thursday (Feb. 10) that it had sold a stake of the company to a group of investors for an amount of $630 million, nearly six months after the firm listed on the New York Stock Exchange (NYSE)....