Earnings

Earnings
Payment Firm Zelle’s YoY Sent Payment Values Increased by 51% for Q3
November 03, 2021

Early Warning Services, the parent company of FinTech payments firm Zelle, posted year-over-year (YOY) increases across Zelle Small Business and Disbursements with Zelle, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Earnings
WU: On Track to Launch Digital Bank Pilot by Year’s End
November 02, 2021

The Western Union Company (WU) touted its upcoming Germany and Romania digital banking pilot in its third quarter earnings results, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Earnings
Ridesharing Is Recovering From the Pandemic, Lyft Says
November 02, 2021

Ridesharing continues to recover from the effects of the pandemic, but a complete comeback is still in the future. The numbers of both drivers and riders have increased, but there are signs that some are still restricting their activities, Lyft executives said Tuesday (Nov. 2)...

Earnings
Amid Disappointing Results, Outback Steakhouse Parent Touts ‘Honed and Refined’ Digital Sales Margins
November 02, 2021

With off-premises ordering proving sticky, Bloomin’ Brands, parent company of several casual dining chains including Outback Steakhouse and Carrabba’s Italian Grill, is finding ways to make the economics of the various channels work in its favor. Still, the company is underperforming, and investors are taking...

Earnings
Meal-Kit Company HelloFresh Expects Sales to Rise by 62% This Year
November 01, 2021

Meal-kit delivery firm HelloFresh has raised its sales growth expectations and adjusted its core profit margin target to 10.25%, up from an original goal of 8.25%, Reuters wrote Monday (Nov. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Earnings
NatWest Triples Profit in Q3, Reinforces Commitment to Supporting SMB Customers
October 29, 2021

U.K.’s NatWest Group, formerly The Royal Bank of Scotland, released strong third-quarter results on Friday (Oct. 29) and a number of initiatives supporting small to medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Earnings
Microsoft Once Again Most Valuable Company in U.S. 
October 29, 2021

Microsoft Corp. has overtaken Apple Inc. as the most valuable company in the U.S. for the first time in more than a year, topping $2.44 trillion in market capitalization Friday (Oct. 29), according to a report in The Wall Street Journal.  Get the Full Story...

Earnings
Apple Says Supply Chain Woes Cost $6B in Fiscal Q4; Expects Shortages to Get Worse
October 28, 2021

Apple may be the most valuable U.S. company, but even the clout of its $2.5 trillion market value nor its cash war chest of close to $200 billion were enough to keep the supply chain beast at bay. Get the Full Story Complete the form...

Earnings
Amazon Warns of Billions in Additional Costs to Meet Holiday Demand
October 28, 2021

Amazon executives say increased capacity in the eCommerce company’s fulfillment network will help ensure it can meet demand for holiday shopping in the coming weeks, but the ongoing labor shortage is increasing costs and causing inefficiencies. Get the Full Story Complete the form to unlock...