Earnings

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

Peloton Doubles Revenue, Grows Subscribers By 100 Pct In Q1 FY 2020
Peloton Doubles Revenue, Grows Subscribers By 100 Pct In Q1 FY 2020
November 05, 2019  |  Earnings

Peloton’s revenue increased by more than 100 percent year over year in the fitness company’s first quarter of fiscal 2020, hitting $228 million. Even so, its...

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‘reCommerce’ Marketplaces Eye Sustainability, Partnerships
‘reCommerce’ Marketplaces Eye Sustainability, Partnerships
November 05, 2019  |  Retail

Luxury fashion resale platforms are gaining traction as they focus on sustainability and partnerships, with The RealReal’s third-quarter earnings serving as the latest example of growth...

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Commercial Cards, B2B Payments Get A Lift During Earnings Season
Commercial Cards, B2B Payments Get A Lift During Earnings Season
November 04, 2019  |  B2B Payments

Earnings results showed continued uptake in commercial card issuance and use, here and abroad, as WEX, Mastercard and Visa reported earnings and strong B2B growth....

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MoneyGram Sees US Headwinds, Eyes Growth With Ripple And Digital Biz
MoneyGram Sees US Headwinds, Eyes Growth With Ripple And Digital Biz
November 01, 2019  |  Earnings

MoneyGram International posted results Friday (Nov. 1) that missed expectations and sent the stock tumbling, but the firm noted that progress is being made in...

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Top News In Payments: Paidy Notches $143M In Funding; UK Legislators Want First-Time Payments Delay
Top News In Payments: Paidy Notches $143M In Funding; UK Legislators Want First-Time Payments Delay
November 01, 2019  |  News

In today’s top payments news, Japan’s instant credit startup Paidy notched $143 million in a Series C extension funding round. Also, legislators in the United...

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Alibaba’s 40 Pct. Rev Boost Driven By eCommerce, Cloud Computing
Alibaba’s 40 Pct. Rev Boost Driven By eCommerce, Cloud Computing
November 01, 2019  |  Earnings

With formidable growth in its eCommerce and cloud computing businesses, Alibaba Group Holding Ltd. noted a larger-than-expected 40 percent increase in second-quarter revenue. Sales from the...

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Why Western Union Is Embracing Its White-Label Future
Why Western Union Is Embracing Its White-Label Future
November 01, 2019  |  Earnings

If one were looking for a simple phrase to describe the theme of Western Union’s Q3 earnings report on Thursday (Oct. 31), “pleasant surprises” would...

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WEX Posts Double-Digit Growth In Corporate, Travel Payments
WEX Posts Double-Digit Growth In Corporate, Travel Payments
October 31, 2019  |  Earnings

WEX posted earnings results on Thursday (Oct. 31) that met expectations, while the firm showed payments volumes that were up double-digit percentages. Get the Full...

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Lyft Looks To New App And Offerings To Gain Profitability
Lyft Looks To New App And Offerings To Gain Profitability
October 31, 2019  |  Earnings

Lyft is looking to new membership plans, new price points and even more scooter service to gain more traction in the ridesharing space and increase...

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