Once upon a not very long time ago, the conventional wisdom was that advertising revenue on the web is mostly generated by a stable duopoly controlled by Google and Facebook. But as of the latest round of earnings releases, it is seeming increasingly like that...
More product improvements — and quick ones at that — seem to be in the mix for Snap as its daily active user base and its Q3 loss disappointed investors late Thursday (October 25), despite a 5 percent increase in average revenue per consumer. Get...
The headlines may have focused on the 14.7 percent drop in Equifax’s stock, on missed top and bottom lines vs. expectations and guidance. But beyond that, the numbers show mixed results as the company strives to move past an epic data breach. Get the Full...
Amid growth in its beverage portfolio and the introduction of a new snacking platform, Dunkin’ Brands beat its third-quarter earnings estimates. The quick-service restaurant (QSR) company, whose brands include Dunkin’ and Baskin-Robbins, reported revenues of $350 million and earnings of 83 cents compared to estimates...
Grubhub — fueled by a 67 percent year-over-year increase in active diners in the third quarter, as well as its recent partnership and acquisition deals — said it will boost its marketing and delivery spend this year. The plans comes as the online food delivery service positions...
American Express posted results Thursday (Oct. 18) that showed increases in card member spending and a boost in lending activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
PayPal posted results Thursday (Oct. 18) after the markets closed that showed double-digit growth in overall transaction volume and payments volume, and high single-digit boosts in the number of payments per active account. Get the Full Story Complete the form to unlock this article and...
Goldman Sachs booked a 4 percent year-over-year revenue increase for the third quarter of 2018, with that growth powered in part by increased lending through its Marcus by Goldman Sachs online consumer savings and lending platform. Get the Full Story Complete the form to unlock this article...
It’s the start of the new earnings season, and Bank of America, among the first companies out of the gate, set a positive tone Monday (October 15) when it released its third-quarter financials — a report that showed mobile banking growth, along with other gains....
