MoneyGram International posted results that missed top-line expectations, but beat at the bottom as restructuring efforts continued amid weakness within the company’s domestic money transfer business but growth in international corridors. In terms of headline numbers, adjusted earnings of 12 cents a share beat the...
The $410 million deal to sell Caviar was not enough to sway investors to look beyond the latest earnings report and guidance — and they sent Square shares down 7 percent after the bell. Gross payment volume was a bit below expectations, while loans surged...
Western Union’s stock price was down in after hours trading, after missing on earnings but lodging a narrow beat on revenue. Adjusted earnings per share (EPS) came in at $0.45 per share, missing analyst consensus estimates of $0.48 per share. This compares to earnings of...
After a better-than-expected earnings report and an upbeat round of guidance for the rest of the year, shares of Shopify were trading up when markets opened on Wall Street today (Aug. 1). Get the Full Story Complete the form to unlock this article and enjoy...
With upgrades to its mobile app and new product offerings, Dunkin’ Brands grew its digital and delivery platforms while rolling out menu innovations with broader customer appeal in the second quarter. The quick-service restaurant (QSR) brand added 46 net new Dunkin’ locations in the U.S.,...
Smartphone shipments for Samsung increased in the second quarter of 2019, the company said in its latest earnings report, thanks to retail sales of its mid-level models. But sales of the flagship Galaxy S10 declined year over year in Q2, leading to a 42 percent...
As it continues to build its eCommerce business and invest in companies through its SnackFutures unit, Mondelēz International, Inc. raised its full-year outlook with its second-quarter earnings results. The company also “continued to make good progress” against driving accelerating consumer-centric growth, among other strategies, per...
Square is expected to publish impressive revenue growth in their second-quarter earnings report on Thursday (July 31), due largely to increased transaction revenue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
It’s been a good run, but even the iPhone couldn’t stay in the top spot forever. After being the majority of Apple’s revenue since 2012, the iPhone accounted for only 48.3 percent of Apple’s overall revenue in FYQ3, the first time that it hasn’t contributed...
