Earnings

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

MoneyGram Reports 111 Pct Online D2C Growth

MoneyGram Reports 111 Pct Online D2C Growth
MoneyGram Reports 111 Pct Online D2C Growth
October 30, 2020  |  Earnings

MoneyGram International Inc. reported on Friday (Oct. 30) as part of its earnings announcement that its online direct-to-consumer channel (MGO) saw 111 percent year-over-year transaction...

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Digital-First Economy And SMBs Drive Facebook’s Earnings
Digital-First Economy And SMBs Drive Facebook’s Earnings
October 30, 2020  |  Earnings

Like Big Tech peers (Google among them), Facebook’s latest results show the tailwinds of eCommerce and the rebound in consumer spending buoying advertising revenues. But...

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Starbucks China Comp Sales Drop 3 Pct Amid Pandemic
Starbucks China Comp Sales Drop 3 Pct Amid Pandemic
October 29, 2020  |  Earnings

Starbucks Corp. reported on Thursday (Oct. 29) as part of its Q4 earnings that comparable-store sales dropped 3 percent in China, with comparable transactions lower...

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Amazon Focuses On Fulfillment After Another Record-Setting Quarter
Amazon Focuses On Fulfillment After Another Record-Setting Quarter
October 29, 2020  |  Earnings

Amazon earnings announcements in 2020 have become an exercise in financial superlatives. It was almost a given that the company would post another such exercise...

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Higher B2B Payments Volumes, More SaaS Accounts Boost WEX Despite Overall Lower 3Q
Higher B2B Payments Volumes, More SaaS Accounts Boost WEX Despite Overall Lower 3Q
October 29, 2020  |  Earnings

FinTech WEX lost $57.7 million, or $1.49 a share, on revenue of $382.1 million for the three months ended Sept. 30, compared with posting a...

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Western Union’s Remittances And Digitization Drive Positive Outlook For Q4
Western Union’s Remittances And Digitization Drive Positive Outlook For Q4
October 29, 2020  |  Earnings

Consumer behavior drove Western Union‘s positive third quarter earnings results, announced Thursday (Oct. 29), with cross-border principal up by 8 percent for the quarter. Get...

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Today in Payments: Mastercard Q3 Shows Cross-Border Spend Slump; Pinterest Revenue Surges As Ads Shift From Facebook
Today in Payments: Mastercard Q3 Shows Cross-Border Spend Slump; Pinterest Revenue Surges As Ads Shift...
October 29, 2020  |  News

In today’s top news, Mastercard third-quarter earnings demonstrated the shift to digital, and Pinterest revenue was boosted due to a shift away from Facebook. And...

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Walmart, Digital Technology Factor Into FIS Q3 Earnings
Walmart, Digital Technology Factor Into FIS Q3 Earnings
October 29, 2020  |  Earnings

The digital-first economy and the Worldpay acquisition both played key roles in payment processor FIS’ earnings on Thursday (Oct. 29), as the company used its...

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