Upwork saw strong adoption of its new paid client subscription plans, made changes to the virtual tokens used by freelancers when submitting proposals and increased its client fee for basic as well as plus, and reported a take rate of 14.6 percent for the fourth...
Square has posted Q4 earnings results, showing continued evolution from the firm’s roots 11 years ago as a point-of-sale payments processor with on-site card readers toward — what management described as — an “ecosystem” tying sellers and consumers together across a digital platform that includes capital...
As its gross merchandise volume (GMV) topped $1 billion for 2019, The RealReal Inc. reported a contribution profit per order of $19.72 and buyer acquisition cost (BAC) of $114 for the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
MoneyGram posted earnings that showed continued growth in online transactions, up double-digits on a year-over-year basis. 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...
After four consecutive quarters of progressively declining results, Macy’s managed to surprise the markets on Tuesday (Feb. 25) with an unexpected beat on earnings, gaining a boost from late holiday season sales strength. As it turned out, last-minute shoppers brought the Christmas miracle Macy’s needed. Get...
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...
