Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Vroom Stock Dives As Q3 Outlook Falls Short

Vroom Stock Dives As Q3 Outlook Falls Short
Vroom Stock Dives As Q3 Outlook Falls Short
August 13, 2020  |  Earnings

Vroom Inc.’s stock fell by 18 percent at the opening Thursday (Aug. 13) as the New York City-based eCommerce car company beat estimates but its...

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Airbnb Suffers Record Losses In Q2, IPO Still Planned
Airbnb Suffers Record Losses In Q2, IPO Still Planned
August 13, 2020  |  Earnings

Airbnb Inc. took a record hit in revenues in the second quarter (Q2) and its losses continued to mount as global travel was restricted to...

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Lyft Highlights Improving July Figures After Q2 Ridership Plunges
Lyft Highlights Improving July Figures After Q2 Ridership Plunges
August 12, 2020  |  Earnings

Ride-hailing firm Lyft said Wednesday (Aug. 12) that its active ridership plunged 60 percent year over year during Q2 due to the coronavirus pandemic, but...

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Sneakers, Athleisure And Post-Pandemic Chic Look Healthy
Sneakers, Athleisure And Post-Pandemic Chic Look Healthy
August 12, 2020  |  Retail

Looking at spring 2020 sales figures, people pretty much stopped buying everything from bras to pants, as lockdowns turned ubiquitous video staff meetings into virtual...

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Just Eat Takeaway Profits Soar With Pandemic Lockdowns
Just Eat Takeaway Profits Soar With Pandemic Lockdowns
August 12, 2020  |  Earnings

Just Eat Takeaway.com, the European food-ordering firm, reported increased revenue and profits for the first half of the year as the COVID-19 pandemic boosted online...

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FinTech Services Boost Tencent In Q2
FinTech Services Boost Tencent In Q2
August 12, 2020  |  Earnings

Tencent Holdings Ltd., the Chinese maker of the world’s most popular video games, reported its second quarter (Q2) net profits increased by 37 percent, beating...

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FinTech Revolut’s Losses Triple
FinTech Revolut’s Losses Triple
August 11, 2020  |  Earnings

Revolut’s website promises to deliver “All your money needs in one app.” With its losses mounting, the London-based digital bank may need to tap into...

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Simon Properties Dodges Amazon Questions
Simon Properties Dodges Amazon Questions
August 10, 2020  |  Earnings

Anyone looking for a scoop on a prospective Amazon deal left disappointed. But the Simon Property Group earnings announcement and subsequent phone call did provide...

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Pandemic Drives Growth In Global Digital Remittances
Pandemic Drives Growth In Global Digital Remittances
August 10, 2020  |  Cross-border Payments

No matter where you look, the pandemic has put up serious barriers to economic growth – and at the same time, has forced business models...

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