Lost in the excitement of Square’s big earnings announcement Wednesday (Aug. 5) was its prowess in cryptocurrency. In addition to its significant revenue increase from seller fees and user deposits, the company’s Cash App generated $875 million of bitcoin revenue and $17 million of bitcoin...
A vintage Burger King ad once asked, “Where’s the beef?” In Q2, millions replied, “Who cares?” as they drove a near tripling of plant-based Beyond Meat product sales year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Square saw its shares skyrocket Tuesday (Aug. 4) night after the San Francisco-based financial services company posted better-than-expected quarterly results for its mobile payment app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Western Union (WU) reported Tuesday (Aug. 4) that while second-quarter revenues fell for much of its business, WesternUnion.com’s average monthly active customers shot up 45 percent year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
LendingClub posted second-quarter results on Tuesday (Aug. 4) that showed a drop in origination volume as anticipated, while loan investor demand displayed early indications of recovery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Fidelity Information Services (FIS) posted results on Tuesday (Aug. 4) that showed organic growth in banking and capital market solutions at 4 percent and 3 percent YOY respectively, while it made headway on its synergies in the wake of its 2019 acquisition of Worldpay. Get...
Numerous U.S. companies are defying analysts’ predictions for a slow quarter, according to Reuters. 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 our daily newsletter, PYMNTS...
Earnings season is a four-times-a-year scorecard for publicly traded companies. It’s a time for CEOs and CFOs to discuss where they’ve been – and where they are headed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
MoneyGram International Inc. reported that its digital transaction volume grew 106 percent year over year during Q2, as the firm capitalized on a digital transformation that began long before the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
