Earnings

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

Gig Economy Co Upwork Reports Revenue Gain, New Enterprise Push

Gig Economy Co Upwork Reports Revenue Gain, New Enterprise Push
Gig Economy Co Upwork Reports Revenue Gain, New Enterprise Push
November 07, 2019  |  Earnings

Gig economy platform Upwork plans to focus more on larger companies in the coming months, as the company seeks to increase its market share in...

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Postmates CEO Says Grubhub Stock Plunge Doesn’t Reflect Wider Industry
Postmates CEO Says Grubhub Stock Plunge Doesn’t Reflect Wider Industry
November 07, 2019  |  Retail

Following Grubhub’s earnings report and stock plunge, the chief executive of a competing service said Grubhub’s results do not reflect the potential of the wider...

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As Google Deal Looms, Fitbit Reports 11pct Revenue Decline
As Google Deal Looms, Fitbit Reports 11pct Revenue Decline
November 07, 2019  |  Earnings

Fitbit, the wearables brand that Google plans to buy, posted an 11 percent revenue drop on Wednesday (Nov. 6) for the third quarter of 2019, with...

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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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