It was another quarter of record-breaking results for PayPal, which saw both record transactions and new customer enrollments in Q3. Total payment volume rose 36 percent to $247 billion, beating analyst estimates for $232 billion. PayPal is now reporting a run rate of approximately $1...
Snack food giant Mondelēz International reported on Monday (Nov. 2) as part of its third quarter earnings results that net revenues grew by 4.9 percent, fueled by 4.4 percent in organic net revenue growth. The company cited good sales of its cookies and chocolates amid...
Sportswear giant Under Armour reported a third-quarter profit of $38.9 million, partly driven by a revenue jump of 19 percent in the footwear category, the company said in a statement on Friday (Oct. 30). Get the Full Story Complete the form to unlock this article...
MoneyGram International Inc. reported on Friday (Oct. 30) as part of its earnings announcement that its online direct-to-consumer channel (MGO) saw 111 percent year-over-year transaction growth and 114 percent revenue growth in Q3. Get the Full Story Complete the form to unlock this article and...
Like Big Tech peers (Google among them), Facebook’s latest results show the tailwinds of eCommerce and the rebound in consumer spending buoying advertising revenues. But pressure lies ahead, in the form of tough comps and regulatory uncertainty – and perhaps in the form of Apple....
Apple outsold analyst expectations on services, iPads and Macs. But the iPhone missed analysts’ expectations as sales were down over 20 percent year over year because of the iPhone 12 release delay. Get the Full Story Complete the form to unlock this article and enjoy...
Google parent Alphabet reported Thursday (Oct. 29) that it enjoyed solid Q3 revenues as consumers began to spend again and advertisers followed by reopening their ad budgets. The company also pointed to several new features as it continues to be position itself as an accessible...
Starbucks Corp. reported on Thursday (Oct. 29) as part of its Q4 earnings that comparable-store sales dropped 3 percent in China, with comparable transactions lower by 7 percent, partially offset by a 5 percent rise in average ticket. Get the Full Story Complete the form...
Amazon earnings announcements in 2020 have become an exercise in financial superlatives. It was almost a given that the company would post another such exercise for the third quarter as the pandemic has driven consumers online, 44 percent of which it lays claim to. It...
