Earnings

Earnings
FedEx Takes $450M YoY Hit From Increased Labor, Transportation Costs
September 21, 2021

FedEx, in its first quarter earnings report, has shown operating results negatively impacted by higher operating expenses, which happened due to the pandemic’s air network impact and staffing challenges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Earnings
Adobe’s Digital Subscription Revenue up 29% to $864M in Q3
September 21, 2021

Adobe saw digital subscription revenue up 29 percent, now totaling $864 million as of the third quarter, a company earnings report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Earnings
Grab’s Q2 Focuses on Enhanced Super App Integrations
September 14, 2021

Singapore-headquartered super app Grab posted second-quarter earnings that showed a marked focus on building out its app integrations with enhanced products for financial services, expanded delivery networks and a strategic alliance with Emtek Group. Get the Full Story Complete the form to unlock this article...

Earnings
Affirm’s BNPL Plans Surge As Customer Count Doubles to 7.1 Million
September 09, 2021

The fast-growing buy now, pay later (BNPL) provider Affirm exceeded its own expectations Thursday (Sept. 9) as it delivered fiscal fourth-quarter results that showed continued uptake of its popular installment plan financing offers now being made at the point of sale, while its roster of...

Earnings
Video Conference Service Zoom Expects Slowdown as Companies Return to Offices
August 30, 2021

Zoom has posted its first billion-dollar quarter, but forecasts have usage of the video communication platform decreasing in the coming months, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Earnings
Peloton Connected Fitness Subscriptions Grow 114 Percent
August 26, 2021

Peloton posted fourth quarter earnings results that saw connected fitness subscriptions grow 114 percent year over year to over 2.33 million, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Earnings
Afterpay, Klarna Ride BNPL Momentum, Spend Big To Add In-Store, Online Customers
August 26, 2021

The acquisition by Square looms, and Afterpay’s most recent results show increased momentum in buy now, pay later (BNPL) adoption – reflected, too, in Klarna’s earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Earnings
Bill.com Processes $41.7B In Payment Volume As Network Grows
August 26, 2021

Bill.com processed $41.7 billion in total payment volume for Bill.com customers in the fourth quarter, an increase of 64 percent 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...

Earnings
Advance Auto Parts Sees Q2 Boost As Drivers Return To Roadways
August 24, 2021

As drivers return to the road, they’re putting more miles on their cars — and that means they need parts and services. That could explain why Advance Auto Parts, an after-market parts supplier for professional installers and do-it-yourself customers, saw a boost in Q2 of...