Equifax reported blockbuster revenue growth for its Workforce Solutions segment with an expansion in U.S. Information Solutions (USIS) revenues in the second quarter. By contrast, the credit data company’s international revenues fell during that time, according to a statement. Get the Full Story Complete the...
Twitter’s second-quarter earnings showed on Thursday (July 23) that the social media giant’s user base continued to grow even as its ad revenues declined, as advertisers redeployed their marketing budgets in response to the lengthy global pandemic. Get the Full Story Complete the form to...
The digital shift saved Chipotle in Q2. The company announced earnings Thursday (July 22) that showed not only a huge spike in digital orders, but side benefits as well, with order-ahead capabilities and new customers setting the chain up for a Digital 3.0 future. Get...
Capital One reported on Tuesday (July 21) that its credit card business shrank during the second quarter, but that delinquencies fell despite the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Snap Inc., the parent company of Snapchat, has announced its second-quarter financial results, including an operating cash flow increase by $29 million to $67 million and an influx of 17 percent more daily active users for a total of 35 million more daily users, the...
As earnings season starts up, the world is getting a glimpse into how the global pandemic and subsequent economic meltdown is impacting firms of all kinds. Of particular interest to market watchers are the FAANGs – Facebook, Amazon, Apple, Netflix and Alphabet/Google – and how...
Carbonated soft drinks, as a category, is getting accustomed to change. Consumers were already buying less sugary soda when COVID-19 hit, and second-quarter earnings reports from Coca-Cola and PepsiCo show the two iconic brands must make big modifications to what was seen as an impervious...
IBM‘s revenue fell 5.4 percent in the second quarter due to the reduced spending on computer equipment during the pandemic in lieu of going digital on the cloud, Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy...
Netflix 1. Movie theaters: 0. That was the score for the second quarter as Netflix and other streaming services were the only game in town for filmed entertainment. And with a stunning 10 million new subscribers, the digital shift has been fast and powerful for...
