Earnings

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

Alibaba’s Core Commerce Sales Gain 44 Pct.

Alibaba’s Core Commerce Sales Gain 44 Pct.
Alibaba’s Core Commerce Sales Gain 44 Pct.
August 15, 2019  |  Earnings

Alibaba posted results that topped expectations as eCommerce sales continued to surge by double-digit percentages, and the company made strides in tapping consumers in less...

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Macy’s Lackluster Q2 Hints At Troubled Future For Department Stores
Macy’s Lackluster Q2 Hints At Troubled Future For Department Stores
August 14, 2019  |  Earnings

There are earnings misses, and there are big earnings misses, and Macy’s spring quarter results Wednesday (Aug. 14) were far more a case of the...

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Macy’s Bolsters Omnichannel Tech, Taps Into Subscriptions
Macy’s Bolsters Omnichannel Tech, Taps Into Subscriptions
August 14, 2019  |  Retail

With its digital business delivering its 40th consecutive quarter of double-digit growth, Macy’s made progress on its 2019 strategic initiatives during the second quarter. The...

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Uber Shares Sink 7.6 Pct. To Record Low After Staggering Q2 Loss
Uber Shares Sink 7.6 Pct. To Record Low After Staggering Q2 Loss
August 12, 2019  |  Ridesharing

Uber shares have hit their lowest level ever following devastating Q2 losses of $5.2 billion, according to a report by CNBC. Get the Full Story...

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Groupon Tries To Reach A More Lucrative Consumer Base
Groupon Tries To Reach A More Lucrative Consumer Base
August 12, 2019  |  Retail

Hey, did you hear about Groupon? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Uber Dials Back New Engineering Hires
Uber Dials Back New Engineering Hires
August 11, 2019  |  Ridesharing

Facing losses, San Francisco-based Uber is instituting a tech hiring freeze among other cost-savings measures, Bloomberg reported. Get the Full Story Complete the form to...

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Amazon Delivery Causes USPS Shipments To Decline
Amazon Delivery Causes USPS Shipments To Decline
August 11, 2019  |  Earnings

The U.S. Postal Service (USPS) reported a decline in package shipping for the third quarter of fiscal 2019. Get the Full Story Complete the form...

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Bottomline Doubles Down On Data Intelligence For FY 2020
Bottomline Doubles Down On Data Intelligence For FY 2020
August 09, 2019  |  Earnings

Commercial payments firm Bottomline Technologies is doubling-down on data intelligence after posting an 11 percent year-on-year increase in subscription and transaction revenues for the fourth...

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Funding Circle Eyes Economic Volatility As Losses Grow
Funding Circle Eyes Economic Volatility As Losses Grow
August 09, 2019  |  B2B Payments

U.K.-based small business lending platform Funding Circle has posted wider losses in its latest earnings report of the six months to June 30, reports in...

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