Earnings

Earnings
Big Tech’s Big Profits For SoftBank
August 08, 2019

Big tech, big bets and big profits. 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 Today. By completing this form, you agree...

Earnings
Fiverr Reports Post-IPO Revenue Bump Amid Gig Economy Growth
August 08, 2019

Fiverr, an online marketplace for freelance services, reported its Q2 results on Thursday (Aug. 8), posting a 41 percent year-over-year revenue increase in its first quarter as a public company, to $25.9 million. Get the Full Story Complete the form to unlock this article and...

Earnings
Lyft’s Revenue Per Rider Up Amid More ‘Rational’ Ride Hailing Market
August 07, 2019

For Lyft, riders were up, revenues per rider were up, and the push beyond ride hailing continues. 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...

Earnings
Blue Apron’s Struggles Reflect Larger Meal Kit Issues
August 07, 2019

The meal kit industry is undergoing significant change as new players emerge and older participants keep seeking the formula that works best for 2019 and beyond. That applies to Blue Apron, a seven-year veteran of the scene, which continues to shed customers but whose average...

Earnings
FLEETCOR Sees Q2 Revenue Surge, Eyes More Acquisitions
August 07, 2019

Fuel and commercial payments company FLEETCOR published its Q2 2019 earnings data on Tuesday (Aug. 6), with results that pleased Chairman and Chief Executive Officer Ron Clarke. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Earnings
LendingClub Logs Lower-Than-Expected Losses
August 07, 2019

Though LendingClub is still reporting losses this quarter and missed its revenue estimates, the market mostly liked what it saw out of the financial services startup when it reported its Q2 earnings. LendingClub attributes it improved earnings position to improved customer acquisition processes, better origination...

Earnings
Post-Worldpay Deal, FIS Eyes eCom and Real-Time Payments
August 06, 2019

Fidelity National Information Services (FIS) released results Tuesday (Aug. 6) that showed organic growth for FIS and recently acquired Worldpay as standalone entities and updated the outlook for the combined entity — with particular emphasis on real-time payments and eCommerce opportunities. Get the Full Story...

Earnings
MoneyGram Places Big Cross Border Bet On Ripple
August 02, 2019

MoneyGram International posted results that missed top-line expectations, but beat at the bottom as restructuring efforts continued amid weakness within the company’s domestic money transfer business but growth in international corridors. In terms of headline numbers, adjusted earnings of 12 cents a share beat the...

Earnings
Post Caviar, Square Circles Wagons On Cash Apps – And Loans
August 02, 2019

The $410 million deal to sell Caviar was not enough to sway investors to look beyond the latest earnings report and guidance — and they sent Square shares down 7 percent after the bell. Gross payment volume was a bit below expectations, while loans surged...