ACI Worldwide missed estimates for the third quarter and reduced guidance for the near term, after the firm announced earnings results Thursday (Nov. 3). The firm said timing played a factor in missing estimates, as those renewals slipped beyond the quarter’s closing. ACI Worldwide’s reported...
Shares of the social media giant slumped after-hours as it seems that, according to the company, stellar numbers are going to be harder to come by going forward. Call it a form of the law of large numbers. Facebook, after all, has more than 1...
Western Union said Tuesday (Nov. 1) that it earned $0.44 per share, a result that matched The Street. But looking at revenue and other line items, results were mixed. The total top line came in at $1.38 billion, which just missed the $1.39 billion projected by...
It’s been nearly one year since Square IPO’d, and the market shrugged its collective shoulders. Yesterday’s earnings call showed a very different picture — one that had Square beating The Street on the back of larger merchants signing on and a big uptake in Square...
MoneyGram, the money transfer company, showed results Friday (Oct. 28) that topped net income expectations on The Street, as the traditional money sending business showed growth and online initiatives gained even faster traction. Investors sent the stock up more than 9 percent to $6.62. MoneyGram...
In an earnings season dominated by some tech disappointments (Amazon and Apple), Google shone (and yes, we know the parent company is Alphabet). Alphabet showed profits up 27 percent year over year to $9.06, better than The Street at $8.63, climbing more quickly than sales,...
In news surprising to no one, The Galaxy Note both literally and figuratively torched Samsung’s earnings last quater. Samsung Electronics just logged its lowest quarterly profit in two years, all but erasing earnings from its mobile unit in the three months to October. And worse...
Payments giant Visa posted growth in payments volumes and got a boost, as can be expected, from its Visa Europe acquisition. In the wake of the recent announcement that CEO Charles Scharf would be resigning at the end of the year, Visa’s fourth quarter results showed some...
Third-quarter earnings were a slam-dunk for PayPal, which beat the street and announced a global partnership that bounced the stock price in after-hours trading. PayPal’s share price had been declining in early October, but the impressive numbers turned that around. But the biggest announcement, and...
