Earnings

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

FIS Sees Strong Merchant Sales, Jump In Cross-Selling Activity In Q3

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...

READ MORE >
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...

READ MORE >
‘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...

READ MORE >
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....

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >