Earnings

Earnings
Uber’s Horizontal Platform Shows Delivery Revenue Growth Outpacing Ride-Hailing Snapback
November 04, 2021

Wall Street may wind up hailing adjusted profit numbers, but for Uber, the latest earnings report underscores the firm’s continued embrace and development — and cross-selling — of the horizontal platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Earnings
eCommerce Drives FIS Merchant Volumes Above 2019 Levels
November 04, 2021

Technology solutions provider FIS reported earnings that showed transactions and global volumes (as measured in total dollar value of those transactions processed) growing above pre-pandemic levels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Earnings
Payment Firm Zelle’s YoY Sent Payment Values Increased by 51% for Q3
November 03, 2021

Early Warning Services, the parent company of FinTech payments firm Zelle, posted year-over-year (YOY) increases across Zelle Small Business and Disbursements with Zelle, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Earnings
WU: On Track to Launch Digital Bank Pilot by Year’s End
November 02, 2021

The Western Union Company (WU) touted its upcoming Germany and Romania digital banking pilot in its third quarter earnings results, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Earnings
Ridesharing Is Recovering From the Pandemic, Lyft Says
November 02, 2021

Ridesharing continues to recover from the effects of the pandemic, but a complete comeback is still in the future. The numbers of both drivers and riders have increased, but there are signs that some are still restricting their activities, Lyft executives said Tuesday (Nov. 2)...

Earnings
Amid Disappointing Results, Outback Steakhouse Parent Touts ‘Honed and Refined’ Digital Sales Margins
November 02, 2021

With off-premises ordering proving sticky, Bloomin’ Brands, parent company of several casual dining chains including Outback Steakhouse and Carrabba’s Italian Grill, is finding ways to make the economics of the various channels work in its favor. Still, the company is underperforming, and investors are taking...

Earnings
Meal-Kit Company HelloFresh Expects Sales to Rise by 62% This Year
November 01, 2021

Meal-kit delivery firm HelloFresh has raised its sales growth expectations and adjusted its core profit margin target to 10.25%, up from an original goal of 8.25%, Reuters wrote Monday (Nov. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Earnings
NatWest Triples Profit in Q3, Reinforces Commitment to Supporting SMB Customers
October 29, 2021

U.K.’s NatWest Group, formerly The Royal Bank of Scotland, released strong third-quarter results on Friday (Oct. 29) and a number of initiatives supporting small to medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Earnings
Microsoft Once Again Most Valuable Company in U.S. 
October 29, 2021

Microsoft Corp. has overtaken Apple Inc. as the most valuable company in the U.S. for the first time in more than a year, topping $2.44 trillion in market capitalization Friday (Oct. 29), according to a report in The Wall Street Journal.  Get the Full Story...