Earnings

Earnings
Earnings Season Shows Card Delinquencies ‘Normalizing,’ but What Comes Next?
October 27, 2023

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Earnings
Bread Financial Reports Economic Pressures Driving Higher Delinquency Rate
October 26, 2023

Bread Financial Holdings reported that its credit card net loss rate in September was slightly lower than it was a year ago while its delinquency rate was higher. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Earnings
Mastercard Says Consumer Spending Decelerates in October
October 26, 2023

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Earnings
Hershey Sees ‘Key Retailer’ Pulling Back Amid Digital Transformation
October 26, 2023

As grocers increasingly shift their focus to their digital and omnichannel businesses, Hershey is seeing one of its key business customers pull back as it prioritizes eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Earnings
Western Union Sees 3% Revenue Growth in Digital Business
October 25, 2023

Western Union, a provider of cross-border money movement and payment services, has focused on digital conversion to enhance its services and improve customer experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Earnings
LendingClub Promotes New Products to Offset Decline in Loan Originations
October 25, 2023

LendingClub saw loan originations continue to decline in the quarter ended Sept. 30 as bank investors remain cautious. 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...

Earnings
Brands Discover Snap Ads Are Clicking With Users 
October 25, 2023

In June, Snapchat CEO Evan Spiegel said the company’s adoption of artificial intelligence (AI) could give their advertising strategy a major boost. 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...

Earnings
Demand for Cloud Services Drives Microsoft’s 13% Revenue Increase
October 24, 2023

Microsoft saw its revenue increase 13% year over year during the quarter ended Sept. 30, driven by Microsoft Cloud revenue growth that leaped 24%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Earnings
Clover Sales Grow 26% as Fiserv’s Merchants Embrace Business ‘Operating Systems’
October 24, 2023

Fiserv reported third-quarter results Tuesday (Oct. 24) that showed a continued embrace of P2P payments and Clover’s point of sale and software solutions for small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...