Fiserv reported results for the third quarter that, in the wake of its acquisition of First Data, showed progress on realizing revenue synergies and growth in sales of its Clover offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Square’s investors were happy as the market closed Wednesday (Nov. 6); the payments firm reported stronger-than-expected results for Q4 and a brighter revenue forecast for the remainder of 2019 than analysts were expecting. Get the Full Story Complete the form to unlock this article and...
The last few years have been an exciting ride for LendingClub watchers. The firm went public in 2014 and had just managed its first quarter of profitability in early 2016 when scandal rocked the business and it found itself without its found CEO, facing a...
Roughly three months after closing its $43 billion deal for payments processor Worldpay, Fidelity National Information Services (FIS) reported third-quarter results that showed some initial impacts of the revenue and cost synergies outlined when the deal was struck earlier this year. Get the Full Story Complete...
Peloton’s revenue increased by more than 100 percent year over year in the fitness company’s first quarter of fiscal 2020, hitting $228 million. Even so, its shares slid roughly 4 percent after that earnings news, according to a report, as investors are apparently impatient about the...
Growth, yes, but perhaps not enough, at first blush, at least for some observers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
MoneyGram International posted results Friday (Nov. 1) that missed expectations and sent the stock tumbling, but the firm noted that progress is being made in its digital transformation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With formidable growth in its eCommerce and cloud computing businesses, Alibaba Group Holding Ltd. noted a larger-than-expected 40 percent increase in second-quarter revenue. Sales from the firm’s eCommerce business grew approximately 40 percent to 101.22 billion yuan, and its cloud computing business notched a 64 percent...
If one were looking for a simple phrase to describe the theme of Western Union’s Q3 earnings report on Thursday (Oct. 31), “pleasant surprises” would probably be the way to go. Western Union (WU) reported adjusted quarterly earnings of $0.49 per share, beating the Zacks consensus...
