Earnings

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

PayPal Processed More Transactions On May 1 Than On Black Friday

PayPal Processed More Transactions On May 1 Than On Black Friday
PayPal Processed More Transactions On May 1 Than On Black Friday
May 07, 2020  |  Mobile Payments

“It was the best of the times, it was the worst of times,” wrote Charles Dickens in one of the more famous openings to a...

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Square Merchants Shift Online As POS Volumes Sink
Square Merchants Shift Online As POS Volumes Sink
May 07, 2020  |  Earnings

Square reported earnings Wednesday (May 6) for the first quarter that showed slowing gross payment volumes, impacted by the pandemic and the shuttering of merchant...

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Homebound Consumers, Connected Fitness Revs Up Peloton Earnings
Homebound Consumers, Connected Fitness Revs Up Peloton Earnings
May 06, 2020  |  Earnings

Predicting that U.S. consumers would not return to the gym anytime soon due to the pandemic, connected fitness brand Peloton smoked its quarterly earnings Wednesday...

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Etsy’s Q1 Gets A Big Boost From Stay-At-Homers
Etsy’s Q1 Gets A Big Boost From Stay-At-Homers
May 06, 2020  |  Earnings

Stay-at-home orders and the mass work-from-home (WFH) migration that flew in the face of America’s sense of freedom acted as a tailwind for handmade eCommerce...

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Grubhub Grows Active Diners By 24 Pct
Grubhub Grows Active Diners By 24 Pct
May 06, 2020  |  Earnings

Amid a rise in orders and an increase in customers fueled by the coronavirus pandemic, Grubhub reported a 24 percent year-over-year increase in active diners...

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Lyft Ridership Up 3 Pct Even With Quarantine
Lyft Ridership Up 3 Pct Even With Quarantine
May 06, 2020  |  Earnings

Lyft reported an increase in active riders in the first quarter of 2020 with 21,211, up 3 percent year over year. But that number fell...

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CVS Front Store Sales Rise 8.5 Pct Fueled By COVID-19 Purchases
CVS Front Store Sales Rise 8.5 Pct Fueled By COVID-19 Purchases
May 06, 2020  |  Retail

As consumers stocked up on merchandise amid the coronavirus pandemic, CVS Health Corporation reported that front store revenues rose 8.5 percent in the three months...

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Western Union Weathers Uncertainty With Digital Acceleration
Western Union Weathers Uncertainty With Digital Acceleration
May 06, 2020  |  Earnings

As has been the trend with earnings reports this quarter, COVID-19 and its global economic effects took center stage when Western Union reported its Q1...

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