Symantec shares dropped nearly $10 in the largest decline since 2001 when the company said its board’s audit committee was in the process of looking at “concerns” flagged by an ex-employee. In addition, the stock was downgraded by several analysts, Reuters reported. Get the Full Story...
Symantec warned Thursday (May 10) that its financial results and earnings targets could be altered depending on the outcome of an internal investigation brought on by the concerns of an ex-employee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Since the official birth of the new Worldpay in January — U.S.-based Vantiv bought U.K.-based Worldpay and kept the name — the company has realized at least $10 million in “cost synergies,” the payment processor said on Thursday (May 10). Get the Full Story Complete the...
Direct deposits, new products and tax refunds helped Green Dot beat revenue expectations for the first quarter of 2018. 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...
As Etsy continues its turnaround efforts to drive more checkout conversions, the eCommerce marketplace reported slightly better-than-expected first-quarter earnings. The company reported first-quarter revenues of nearly $121 million and earnings per share of 10 cents, beating analysts’ estimates of $119.3 million and 5 cents respectively....
MoneyGram’s first-quarter revenue and earnings missed Wall Street expectations on Tuesday (May 8), but the company is reporting early benefits from a new money transfer deal with Walmart and detailed how it plans to do better with digital. Get the Full Story Complete the form to...
FLEETCOR Technologies, a provider of commercial payment services, reported a data breach as the company announced on Thursday (May 3) a 17 percent year-over-year revenue increase for the first quarter of 2018, beating analyst expectations. Get the Full Story Complete the form to unlock this...
Bitcoin, subscriptions and services all played a part in Square’s 45 percent year-over-year total revenue growth in the first quarter of 2018. But the company’s stock price fell in after-hours trading after Square’s new forecast for 2018 earnings came in below analyst expectations. Get the...
Fitbit managed to slightly edge out analyst expectations for its earnings when it reported yesterday (May 2), pulling in $247.9 million as opposed to the $247.3 million the street was expecting. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
