Earnings

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

Fiserv Payments Revs Up 6 Pct, While eComm Gains Double Digits

Fiserv Payments Revs Up 6 Pct, While eComm Gains Double Digits
Fiserv Payments Revs Up 6 Pct, While eComm Gains Double Digits
November 06, 2019  |  Earnings

Fiserv reported results for the third quarter that, in the wake of its acquisition of First Data, showed progress on realizing revenue synergies and growth...

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Square Cash Bolstered By Bitcoin
Square Cash Bolstered By Bitcoin
November 06, 2019  |  Earnings

Square’s investors were happy as the market closed Wednesday (Nov. 6); the payments firm reported stronger-than-expected results for Q4 and a brighter revenue forecast for...

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Top News In Payments: SoftBank Reports $6.5B Loss; FIS Sees Strong Merchant Sales In Q3
Top News In Payments: SoftBank Reports $6.5B Loss; FIS Sees Strong Merchant Sales In Q3
November 06, 2019  |  News

In today’s top payments news, Japan’s SoftBank reported a $6.5 billion loss on Wednesday (Nov. 6) with its first quarterly drop-off in 14 years. Also,...

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Simplification Serves LendingClub Well As It Pushes To Get Back To Profitability
Simplification Serves LendingClub Well As It Pushes To Get Back To Profitability
November 06, 2019  |  Earnings

The last few years have been an exciting ride for LendingClub watchers.  The firm went public in 2014 and had just managed its first quarter...

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WeWork Write-Off Triggers $6.5B Loss For SoftBank 
WeWork Write-Off Triggers $6.5B Loss For SoftBank 
November 06, 2019  |  Investments

Japan’s SoftBank reported a $6.5 billion loss on Wednesday (Nov. 6), its first quarterly drop-off in 14 years and far larger than analysts’ estimates, Bloomberg...

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FIS Sees Strong Merchant Sales, Jump In Cross-Selling Activity In Q3
FIS Sees Strong Merchant Sales, Jump In Cross-Selling Activity In Q3
November 05, 2019  |  Earnings

Roughly three months after closing its $43 billion deal for payments processor Worldpay, Fidelity National Information Services (FIS) reported third-quarter results that showed some initial impacts...

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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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