OnDeck Capital reported second quarter results on Monday (Aug. 8) that fared a bit better than analysts’ expectations, with key tailwinds including stronger originations, with higher loan loss provisions building up as the business model shifts. Get the Full Story Complete the form to unlock this...
“Q2 was a busy quarter and the good thing is that it is now behind us.” 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...
Square managed to redeem its disappointing Q1 performance with healthier Q2 earnings. The first quarter saw the stock price plunging by 12 percent as investors showed concern with Square’s increasing expenditures. However, payment volumes were strong in Q2, and losses were reined in. Square has struggled...
Western Union said on Wednesday (Aug. 3) that it had posted earnings of $0.42 a share for the second quarter that ended in June, which bested The Street by two pennies, as money transfers remained strong and the firm continued to gain traction in its digital...
With its stock value up 10 percent in after-hours trading – Square has managed to please investors with losses smaller than expected, growing payments volumes and continuing signs of strength emanating from its lending platform for small business, Square Capital. Get the Full Story Complete the form to unlock this...
First Data CEO Frank Bisignano touted strength in its core businesses, regional strength in Latin America and four new bank relationships when reporting Q2 results yesterday. But it’s the growth in the SMB segment — and Clover — where he says the processing giant sees...
Another earnings report this week, and another victory march to go with it. 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 Today....
If Whole Foods has really drastically cut prices, consumers don’t seem to be buying it. 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,...
GrubHub, the online delivery service that will bring restaurant meals to your doorstep for a fee, was the hottest stock on Wall Street on Thursday (July 28) after the delivery company crushed its second quarter earnings report. Get the Full Story Complete the form to...
