Earnings

Earnings
Robinhood Stock Falls 12% After Company Posts $423M Loss
January 28, 2022

Robinhood’s stock fell 12% trading after the brokerage app reported a loss of $423 million for the fourth quarter, a Wall Street Journal report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Earnings
Apple Services, Wearables, 5G Devices Drive Record Quarter That Defied Supply Chain Woes
January 27, 2022

For most businesses, the thought of doing $124 billion in sales in a year — or even a decade for that matter — would be considered a lofty achievement. For Apple, that feat took just 90 days.  Get the Full Story Complete the form to...

Earnings
Visa Credentials, Crypto Wallets Top $2.5B in Payments Volume
January 27, 2022

Payment network Visa showed resilience in cross-border spend, and tap-to-pay gaining in key markets.  Along the way, consumer spending on debit and credit cards has continued into the current quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Earnings
Robinhood Looks to Expanded Products, Crypto Services in 2022
January 27, 2022

In its forecast for 2022, Robinhood said it’s planning to expand its services by helping people invest as well as move money faster, according to a press release regarding the company’s fourth quarter earnings results. Get the Full Story Complete the form to unlock this...

Earnings
Mastercard: Contactless Payments Now 50% of Global in-Person Transactions
January 27, 2022

Mastercard’s latest earnings results show double-digit gains in debit and credit spending, a rebound in cross-border activity — and contactless payments, increasingly, becoming the preferred way to pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Earnings
McDonald’s Leverages Loyalty Personalization to Combat Aggregators
January 27, 2022

In just half a year since its loyalty program’s nationwide launch, quick-service restaurant (QSR) giant McDonald’s is already becoming a leader in the space, leveraging its program to build direct digital relationships with customers that reduce the need for third-party marketplaces. Get the Full Story...

Earnings
From PC Renaissance to Great Workplace Reshuffle, Microsoft Hooks a Ride on Rising Digital GDP
January 26, 2022

With a market value north of $2 trillion and a stable of nearly two dozen products that generated close to $52 billion in revenue in the past 90 days, the modern version of Microsoft is a beast unlike any other in the tech industry. Get...

Earnings
Johnson & Johnson Readies to Spin Off Business Units As COVID Effects Linger in 2022
January 25, 2022

Moving to split its consumer health and medical device/pharma units into two separate public companies, the Johnson & Johnson (JNJ) version of “divide and conquer” revolves around increased ability to funnel research and investment into these new centers of excellence. Get the Full Story Complete...

Earnings
American Express: US Cardholders Spent More Than $6,500 in Q4
January 25, 2022

American Express posted fourth-quarter results that showed consumer spending on its card remained unabated through the holiday season. 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...