JetBlue Airways Corporation reported that its first quarter 2021 revenue was down 61 percent from the first quarter of 2019 because of the pandemic’s impact. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Fiserv is all-in on the digital-first economy. The company reported first-quarter results Tuesday (April 27) that showed resiliency in eCommerce and a major announcement on the use of QR codes as it aligns with new payments technology. Get the Full Story Complete the form to...
Tesla reported that quarter-end cash and cash equivalents fell to $17.1 billion in the first quarter of 2021, fueled partly by a net cash outflow of $1.2 billion in bitcoin purchases, according to an investor presentation. Get the Full Story Complete the form to unlock...
One might expect that, by December, the vast majority of consumers who were going to adopt digital grocery shopping tools to mitigate their COVID-19 contagion concerns would have already done so. Grocery giant Albertsons Companies, however, was able to continue growing digital sales through the...
All eyes are on Facebook this week, as the social media giant will report its Q1 earnings on Wednesday (April 28), facing questions as to whether it can keep up the barnstorming growth spurt it logged in 2020. Facebook will be one of the many...
The big banks have reported – and now come the payment networks (and, by extension, the cards). This week, the earnings deluge continues, where a number of payments-focused companies will report their first-quarter results, giving insight into where consumers have been spending – and where...
Both AT&T and Verizon released Q1 earnings this week, and even though both reported financial success, the earnings calls highlighted a difference between the two telecom giants in consideration of their 5G rollouts. Get the Full Story Complete the form to unlock this article and...
While many businesses are in a period of flux, as some newly vaccinated consumers begin to lay the foundation for their new normal and other still-vulnerable consumers stay at home, few face as uncertain a landscape as international brands with both at-home and away-from-home products....
While Credit Suisse Group AG posted a 31 percent year-over-year rise in net revenues for Q1 2021, the Swiss bank generated a loss for the period after absorbing a number of items that had a “considerable impact” on its reported results, according to management. Get...
