Earnings

Earnings
Lightspeed Targets Cloud-Based Rivals as Revenues Climb 27%
August 01, 2024

Lightspeed is taking on other cloud-based rivals in the retail space amid strong revenue growth. 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...

Earnings
Wayfair: Home Furnishings Sales Slow to 2008 Crisis Levels
August 01, 2024

Wayfair saw its quarterly sales dip amid continued pressure on home goods consumers. 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. By...

Earnings
Etsy Looks to Loyalty Rewards to Counter Sales Declines
August 01, 2024

As Etsy sees its sales slip, the eCommerce marketplace is gearing up to launch a loyalty program in an effort to drive greater spending and frequency among consumers who demand to be rewarded for their purchases. Get the Full Story Complete the form to unlock...

Earnings
Amwell Beats Q2 Expectations on Subscription Revenue Strength
July 31, 2024

Telehealth provider Amwell on Wednesday (July 31) reported second-quarter revenue of $62.8 million (above guidance of $61.1 million), driven by $27.5 million in subscription revenue and $28.7 million from visits to Amwell Medical Group (AMG). Get the Full Story Complete the form to unlock this...

Earnings
Lemonade’s ‘Tech Obsession’ Sees AI Handling 30% of Interactions
July 31, 2024

Digital insurance provider Lemonade is continuing to incorporate artificial intelligence (AI) into its business. 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. By...

Earnings
Fiverr Sees 6% Revenue Rise in Q2 Despite ‘Volatile’ Market for Freelancers
July 31, 2024

Freelancer platform Fiverr saw its revenue rise 6% year over year, to $94.7 million, in the second quarter of 2024 despite macroeconomic volatility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Earnings
New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
July 31, 2024

Playing a hot hand of new deals and balanced global consumer spending, Mastercard posted double-digit revenue growth for the second quarter, as announced in its earnings call Wednesday (July 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Earnings
LendingClub Sees Traction Building ‘Lifetime Lending Relationships’
July 30, 2024

LendingClub’s latest results noted growth in loan originations, a surge in repeat business — and cross-pollination efforts that management said reflect the ability to deepen, and lengthen, customer relationships. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Earnings
Starbucks’ Mobile Outage Compounds Financial Woes as Q3 Sales Decline
July 30, 2024

Some Starbucks customers faced a disruption on Tuesday (July 30) as the company’s mobile ordering system failed for the second time this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...