Earnings

Earnings
Snap Seeks Deeper Customer Engagement via Simplified Version of Snapchat
October 29, 2024

In a digital world where simplicity is king, Snap, the parent company of Snapchat, introduced a simplified version of Snapchat, organized into three main experiences: communicating with friends, using the camera, and viewing content. Get the Full Story Complete the form to unlock this article...

Earnings
PayPal Reports BNPL Bounce, More Focus on Financial Services
October 29, 2024

With its transaction growth rates slowing and less-than-expected revenue guidance for the balance of the year, PayPal focused on its repositioning from a peer-to-peer pioneer to a two-sided payments technology platform in its Q3 earnings call Tuesday (Oct. 29). Get the Full Story Complete the form...

Earnings
SoFi Money Accounts Surge 54% as Monetization Across All Products Continues
October 29, 2024

SoFi Technologies’ cross-selling continues, and certain trends seem well in place as the interest rate environment becomes more benign. 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...

Earnings
CapOne CEO Says Consumers in ‘Good Shape’ as Card Purchases Surge
October 24, 2024

Capital One’s most recent quarterly earnings, posted Thursday (Oct. 24) after the bell, indicated that cardholders continued to embrace credit as a key payment method, and consumers remained in “good shape,” according to the CEO. Get the Full Story Complete the form to unlock this...

Earnings
KDP’s Ghost Acquisition and Coca-Cola’s AI Pivot to Personalized Ads Highlight Industry Strategies
October 24, 2024

Keurig Dr Pepper (KDP) and The Coca-Cola Company are adapting to changing consumer preferences. KDP’s acquisition of Ghost underscores its strategy to expand into high-growth segments, particularly energy drinks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Earnings
WEX: Navigating Near-Term Headwinds While Investing in Digital Growth
October 24, 2024

The contemporary operating landscape is increasingly defined by both resilience and vulnerability. 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
Western Union’s Digital Business Sees 15% Growth in Transactions
October 23, 2024

Western Union’s Branded Digital business saw 15% growth in transactions and 9% growth in revenue on a reported basis in the third quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Earnings
LendingClub Loan Originations Surge 27% as Consumers Look to Consolidate Debt
October 23, 2024

LendingClub’s latest quarterly results show an acceleration of loan originations, and banks have moved back to the company’s platform as consumers look for ways to consolidate and pay down debt — particularly credit card debt. Get the Full Story Complete the form to unlock this...

Earnings
Deutsche Bank: Client Support Drives 11% Revenue Growth in Investment Banking
October 23, 2024

Investment banking helped drive revenue gains at Deutsche Bank in the third quarter, with growth in fixed income and currencies (FIC) and origination and advisory (O&A) leading the way. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...