With its key performance indicators sprinting ahead of the pack, Peloton’s delivery issues continue to drag on the connected fitness company’s performance. As detailed on its earnings call Thursday (Feb. 4) the digital-first economy produced its first $1 billion quarter and stunning retention metrics. But...
Fuel and commercial payments company FLEETCOR reported Thursday (Feb. 4) as part of its fourth quarter and fiscal year 2020 earnings results that revenues dropped 12 percent from Q4 2019 to Q4 2020 although the firm’s top- and bottom-line results for Q4 2020 exceeded analysts’...
Digital lending platform Enova International reported Thursday (Feb. 4) that total revenue dropped 24 percent from the fourth quarter of 2019 to Q4 2020. However, the financial services firm reported that total company originations in Q4 surged by over three times from the previous quarter...
Earnings season can offer a glimpse, backed up with data, of seismic shifts in the way we live our lives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Big ups on users and big losses to go. That was the Grubhub storyline from its fourth-quarter earnings. In line with its trend from previous quarters, Grubhub continued to gain new users in the final quarter of 2020. By the numbers, the company’s app grew...
PayPal posted fourth-quarter results Wednesday (Feb. 3) that showed continued tailwinds under the rise of digital, and, specifically, contactless payments. Total payments volume stood at $277 billion across 4.4 billion transactions. Dollar volume was up 39 percent year over year, the transaction count grew by...
In the three months since Peloton last reported earnings, the world’s largest connected fitness platform bought a competitor, launched a new treadmill, addressed its shipping delays and announced plans to repair its damaged customer experience. Get the Full Story Complete the form to unlock this...
Brookfield Property Partners, which operates numerous malls around the U.S., lost $2.06 billion last year, according to its newest financial report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
It would be a shame if some bigger news overshadowed Amazon’s fourth-quarter earnings. What could possibly be bigger than the company’s first $100 billion quarter with net sales checking in at $125.6 billion? How could a 44 percent bounce over 2019’s Q4 take a back...
