China’s multinational conglomerate Tencent beat earnings forecasts in the first quarter of 2020 with total net revenues of $15.2 billion, up 26 percent from the same period of 2019, according to a press release. Get the Full Story Complete the form to unlock this article...
As the coronavirus pandemic moved throughout the world, Marriott International Inc. reported that revenue per available room (RevPAR) plummeted by 22.5 percent globally. The company also issued senior notes of $1.6 billion in April and brought in $920 million in additional liquidity via amendments to...
Cardtronics, which calls itself the world’s largest ATM owner-operator, disclosed its first-quarter results on Friday (May 8), which reflected lower revenues due to lockdowns and some location closures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
For the last several weeks speculation has run rampant on what the real effects of the COVID-19 pandemic and resultant shutdown would end up being by the numbers when the Q1 earnings officially hit the wires. As of this week, a lot of that speculation...
For companies like Fiserv, Fidelity National Information Services (FIS), PayPal and others, selling terminals, offering payments platforms and designing checkout buttons, top and bottom lines were poised to move up and to the right. Get the Full Story Complete the form to unlock this article...
Uber reported on Thursday (May 7) that Uber Eats bookings and revenues soared more than 50 percent during the first quarter – a tasty morsel amid generally unappetizing results that saw the coronavirus slam the company’s flagship Uber Rides business. Get the Full Story Complete...
Amid the global COVID-19 pandemic and staggering unemployment rates, Israel-based freelance platform Fiverr International posted big gains in the first quarter of 2020, with a 44 percent increase in revenue year over year to reach $34.2 million. Get the Full Story Complete the form to...
The RealReal, the online marketplace for consigned luxury goods, has been dealing with coronavirus-induced hits to its business by going digital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Square reported earnings Wednesday (May 6) for the first quarter that showed slowing gross payment volumes, impacted by the pandemic and the shuttering of merchant locations, while the company also took reserves against potential losses. Get the Full Story Complete the form to unlock this...
