Earnings

Earnings
Facebook Marketplace Boasts 1B Active Users In Q1; Instagram, WhatsApp Expand eCommerce
April 29, 2021

Facebook managed to come out ahead of analyst predictions for both earnings and revenue performance when it reported its first-quarter results for 2021 on Wednesday (April 28), pushing its stock price upwards in after-hours trading even as it warned investors to brace for the uncertainty...

Earnings
Apple’s Subscriptions Surge By 40M As Services Revenues Grow 27 Pct
April 28, 2021

Apple posted strong results Wednesday (April 28) for its fiscal second quarter that showed continued demand for its hardware — boosted by pivots toward working from home and schooling from home amid the pandemic — and demand for its service and subscription offerings. Get the...

Earnings
LendingClub Q1 Loan Originations Grow By 63 Pct
April 28, 2021

LendingClub reported Wednesday (April 28) as part of its first quarter earnings results that loan originations climbed 63 percent quarter over quarter, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Earnings
Grubhub’s User Base Grows To 33 Million Active Diners
April 28, 2021

Grubhub grew to serve 33 million active diners in the first quarter of 2021, marking a 38 percent year-over-year rise from 23.9 million active diners in the first quarter of 2020, according to a Wednesday (April 28) announcement. Get the Full Story Complete the form...

Earnings
MGM Reports Vegas Resorts Seeing 52 Pct Losses
April 28, 2021

MGM Resorts has reported its financial earnings results for the quarter ending March 31, with its Las Vegas Strip resorts seeing a 52 percent decline due to the pandemic, according to a press release. Get the Full Story Complete the form to unlock this article...

Earnings
Restaurant Chains Rethink Channel Mix For The Post-Pandemic Future
April 28, 2021

To weather the last year, amid mass closures of restaurant dine-in spaces and widespread contagion concerns, restaurants have had to lean heavily on digital tools and off-premises channels, with even the most dine-in-reliant restaurants turning to takeout and delivery. Now, as vaccines roll out and...

Earnings
Alphabet Touts Retail And Shopping Progress In Q1 Earnings
April 27, 2021

By now today’s Alphabet earnings report (April 27) has circulated and been commented on extensively. And while the huge advertising comeback and skyrocketing revenues were the big stories, they weren’t the only stories. The company also reported significant development in the retail and shoppable content...

Earnings
Visa Direct Transactions Surge Almost 60 Pct YoY
April 27, 2021

Visa posted second quarter fiscal year earnings results that showed continued momentum in debit spending and tap to pay, some lessening of the headwinds in cross-border payments — and green shoots emerging in credit. Get the Full Story Complete the form to unlock this article...

Earnings
NCR Corporation’s Recurring Revenue Rises Amid Shift To ‘NCR-as-a-Service’
April 27, 2021

NCR Corporation reported on Tuesday (April 27) as part of its financial results that revenue was up 3 percent and recurring revenue was up 9 percent from Q1 2020 to Q1 2021, according to an earnings announcement. Get the Full Story Complete the form to unlock...