As it sold more wearable devices and average selling price fell, which was driven by more affordable devices as well as higher promotions, Fitbit reported a non-GAAP net loss of $31 million for the fourth quarter. The firm said in an announcement that it did...
As it contended with delivery aggregators, Domino’s Pizza Inc. saw its quarterly profit and same-store U.S. sales come out ahead of analysts’ forecasts. The company did not see a ramp-up with digital aggregators as it has seen in previous quarters, but Chief Executive Officer Ritch Allison noted...
Green Dot reported its earnings for its fourth quarter ending Dec. 31, 2019, with total operating revenues of $249.3 million, showing a slight uptick from $245.1 million in the 2018 quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Fiverr reported earnings results that showed continued traction in its core freelancer marketplace, while management pointed to new artificial intelligence (AI)-powered products and international expansion as key drivers moving forward. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The meal kit industry is full of challenges – from subscriber churn to competition in a crowded field. But some firms see opportunities in the space despite its inherent hurdles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
LendingClub on Tuesday (Feb. 18) posted results that showed continued growth in loan originations, up mid-single-digit percentages year over year – results that were possibly overshadowed by a deal the online lender struck to buy US bank Radius Bancorp for $185 million. Get the Full...
After eight consecutive earnings beats, Walmart finds itself at the start of 2020 in the unusual position of missing analyst targets, as a tepid holiday season came in below expectations. Walmart is in good company, of course – joining Macy’s, Kohl’s and Target on the roster...
Losses widened this past year for OYO Homes & Hotels, as the SoftBank-backed company tried to expand into China, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Fidelity Information Services (FIS) posted results that showed organic growth across business segments, and better than expected synergies in the wake of its 2019 acquisition of Worldpay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
