Earnings

Earnings
Facebook Daily Active Users Surge 12 Pct YoY Amid Pandemic
July 30, 2020

Facebook reported on Thursday (July 30) that small- to medium-sized businesses (SMBs) turned to the company’s ad platforms to connect with customers amid the pandemic, according to second-quarter earnings results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Earnings
Amazon Crushes Earnings As Online Grocery Sales And Prime Viewership Soar
July 30, 2020

To say that Amazon posted a good quarter on Thursday (July 30) is a bit like saying Michael Jordan had a good career. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Earnings
Apple Doubles Services Revenue
July 30, 2020

Consumers might have cut back on spending during the pandemic, but that apparently didn’t apply to Apple products as the tech giant reported quarterly results Thursday (July 30) that exceeded analyst estimates across the board. Get the Full Story Complete the form to unlock this...

Earnings
Alphabet Bolsters Advertising Features As Cloud Gains Traction Amid Pandemic
July 30, 2020

Alphabet, the parent company of Google, strengthened its advertising capabilities in the second quarter as it looked to help connect business with customers through new features amid the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Earnings
Contactless, Digital Drive Mastercard Q2 Earnings
July 30, 2020

Mastercard reported Q2 earnings results on Thursday (July 30) that in many ways mirrored what rival Visa reported the day before. Like Visa, Mastercard delivered better-than-expected second-quarter results, despite sharply reduced consumer spending during the pandemic. And the company said it’s ready for the new world of greater...

Earnings
CPG Titans Procter & Gamble, Kraft Heinz And Kellogg Dish Up Piles Of Q2 Sales
July 30, 2020

Doomsday stockpiling of bathroom tissue, bottled water and every cleaning product ever invented this past spring is pushing sales for consumer packaged goods (CPG) brands to lofty highs. It’s part of a growing set of economic indicators that the COVID-19 episode is a double-edged sword...

Earnings
Yum! Brands Digital Sales Reach Record $3.5B Amid Pandemic
July 30, 2020

Yum! Brands, Inc. reported on Thursday (July 30) that digital sales grew to an all-time high of $3.5 billion for the second quarter, marking a rise of over $1 billion from the past year. Get the Full Story Complete the form to unlock this article...

Earnings
Grubhub Q2 Financials Soar On Digital Shift To Online Ordering
July 30, 2020

Lockdown living launched restaurant delivery aggregator Grubhub into a higher orbit, with the company logging gross food sales (GFS) of $2.3 billion in the second quarter of 2020, a 59 percent increase from Q2 2019, with an average order size of $39 rising 20 percent...

Earnings
Global Car Makers Skid Deep Into Red In Second Quarter
July 30, 2020

The worldwide COVID-19 economic crash has sent major automakers’ revenues and profits plunging over a cliff. Nonetheless, some see signs of an impending recovery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...