In the run-up to its IPO later this year, Uber put up a mixed bag in terms of numbers for the last quarter of 2018. Ridership was on the incline and Uber reported $50 billion in total bookings for ridesharing and food delivery for the...
Fidelity National Information Services (FIS) reported results that beat on the bottom line, and missed Wall Street expectations slightly on the top line, driven by banks’ continuing need to modernize their payments infrastructure and embrace digital offerings. Get the Full Story Complete the form to...
OnDeck beat expectations with its Q4 earnings report, with a surge in loan originations and larger than expected revenue gains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Restructuring efforts continue at MoneyGram, and — amid a tougher compliance environment — the company missed Wall Street expectations as sales declined. However, bright spots included a continued embrace of digital capabilities, as online transactions grew 37 percent.
The data deluge continues, and the earnings roundup this week has some positives — such as in Fiserv’s gains ahead of a tie-up with First Data — and negatives, as GrubHub failed to impress investors. But beyond the stock market swings, metrics matter. See below...
Expedia saw its shares get a boost after its forecast profit was ahead of analysts’ expectations. 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...
Western Union shares took a slight dip in after-hours trading yesterday (Feb. 7) when its Q4 earnings met analyst expectations on adjusted earnings per share (EPS), but came in slightly below estimates on revenue. Revenue hiccup aside, however, Western Union CEO Hikmet Ersek remained positive and forward-focused on the...
If bad days are measured by declines in stock market prices, then yesterday (Feb. 7) was a really bad day for Grubhub. It was the day that the online food aggregator announced its earnings, with misses on both revenue and earnings predictions, topped off by guidance...
Fiserv's Q4 results were in line with a preliminary announcement, including 6 percent payments growth. As the deal with First Data sinks in and becomes an operational reality, and as banking mega-mergers dominate the headlines, Fiserv CEO Jeff Yabuki told investors that the digitization of...
