Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.
CE 100 Gains 1.9% as XPO and Adyen Surge on Earnings but Snap Plunges
CE 100 Gains 1.9% as XPO and Adyen Surge on Earnings but Snap Plunges
February 12, 2024  |  Connected Economy

Earnings season winds on, and earnings season dictates — at least for now — how the stocks move. The CE 100 Index gained 1.9%, buoyed...

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Expedia CEO Peter Kern Stepping Down After ‘Optimizing IT Footprint’
Expedia CEO Peter Kern Stepping Down After ‘Optimizing IT Footprint’
February 08, 2024  |  Earnings

Expedia Group CEO Peter Kern said Thursday (Feb. 8) that he will step down in May after four years in that role, having led the company as it...

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Affirm: Delinquency Rates Flat; Affirm Card Generates $397M in GMV
Affirm: Delinquency Rates Flat; Affirm Card Generates $397M in GMV
February 08, 2024  |  Earnings

Buy the rumor, goes the old Wall Street saying, sell the news. And that may have been what happened with Affirm’s stock Thursday evening after...

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BILL Sees Tailwinds From Growing Convergence of Payments and Software 
BILL Sees Tailwinds From Growing Convergence of Payments and Software 
February 08, 2024  |  Earnings

Small businesses are having big problems in today’s economy. Business bankruptcy rates jumped 30% between September 2022 and September 2023, as macro factors like record high interest rates and...

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Pinterest Pins Hopes on Improved Checkout to Boost Sales
Pinterest Pins Hopes on Improved Checkout to Boost Sales
February 08, 2024  |  Social Commerce

As social media platforms compete to capture consumers’ impulse spending, Pinterest has been making changes to the shopping experience to drive in-app and on-site purchasing....

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Disney Taps Taylor Swift Fandom to Drive Subscriptions as Streamers Generate Buzz
Disney Taps Taylor Swift Fandom to Drive Subscriptions as Streamers Generate Buzz
February 08, 2024  |  Subscriptions

With streaming services increasingly looking to buzzy, much-anticipated events to drive customer acquisition, Disney+ is using Swifties’ enthusiasm to grow its audience. The media giant...

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Lightspeed Gross Payments Volume Jumps 69% With Unified Payments Initiative
Lightspeed Gross Payments Volume Jumps 69% With Unified Payments Initiative
February 08, 2024  |  Earnings

Digital commerce firm Lightspeed continues to see success from its unified payments platform. The combined point-of-sale (POS) and payments platform, which debuted last year, helped increase the company’s...

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Adyen Revenue Climbs 23% After Rocky First Half
Adyen Revenue Climbs 23% After Rocky First Half
February 08, 2024  |  Payment Methods

Adyen says the second half of 2022 was much stronger than the first. The Dutch payments firm on Thursday (Feb. 8) released half-year financial results...

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PayPal CEO Calls 2024 a ‘Transition Year’ Amid Churn and Slowing Growth
PayPal CEO Calls 2024 a ‘Transition Year’ Amid Churn and Slowing Growth
February 07, 2024  |  Earnings

Slowing growth. A churning of inactive accounts. A slew of puts and takes dominated PayPal’s earnings Wednesday (Feb. 7), and a number of flat metrics...

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