Earnings

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

Spotify Loses $458M In Revenue, Tallies 180M Users

Spotify Loses $458M In Revenue, Tallies 180M Users
Spotify Loses $458M In Revenue, Tallies 180M Users
July 27, 2018  |  Earnings

Spotify’s second quarter as a public company shows that it has increased its paid subscriptions by 40 percent, but it lost $458 million in revenue....

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Starbucks Mobile Order Tool Accounts For 13 Percent Of US Sales
Starbucks Mobile Order Tool Accounts For 13 Percent Of US Sales
July 27, 2018  |  Earnings

Loyalty and mobile continued to do some productive lifting for Starbucks in its fiscal third quarter of 2018, as those two factors contributed to an...

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Discover Sets Pullback in Personal Loans, Touts Strong Q2 Results
Discover Sets Pullback in Personal Loans, Touts Strong Q2 Results
July 27, 2018  |  Earnings

Discover Financial Services Inc. reported an increase in second quarter earnings as the credit card issuer had strong loan and revenue growth — and also...

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Marketplace Sellers Drive Amazon’s Q2 Profit Train
Marketplace Sellers Drive Amazon’s Q2 Profit Train
July 27, 2018  |  Amazon

Another quarterly earnings reports, another rush of pleased Amazon investors hurrying to boost the stock in after-hours trading — Amazon stock jumped 4.1 percent in after-hours trading,...

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What’s Next For Google And Facebook?
What’s Next For Google And Facebook?
July 26, 2018  |  Earnings

It’s simplistic, misleading and oh-so-very-macho to depict Google and Facebook as two titans that stepped into the ring this week, with one of those companies...

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Five At Five: Equifax Q2 Earnings Disappoint
Five At Five: Equifax Q2 Earnings Disappoint
July 26, 2018  |  News

Welcome to the Five at Five your late look at the payments and commerce news of the day. Coverage includes Equifax reporting second quarter earnings, Walmart...

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Equifax Still Fights To Regain Trust As Q2 Sales Slump
Equifax Still Fights To Regain Trust As Q2 Sales Slump
July 26, 2018  |  Earnings

Equifax Inc., the Atlanta-based credit reporting agency, reported lower earnings in the second quarter, mainly due to weakness in its U.S. Information Services [USIS] business,...

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Zelle P2P Volume Grew To $28 Billion In Q2, Against Venmo’s $14 Billion
Zelle P2P Volume Grew To $28 Billion In Q2, Against Venmo’s $14 Billion
July 26, 2018  |  Digital Payments

Venmo, the P2P service owned by PayPal, took in more than $14 billion in payments volume during the second quarter of 2018, a 78 percent...

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Mastercard Sees Cross-Border Volumes Up 19 Percent
Mastercard Sees Cross-Border Volumes Up 19 Percent
July 26, 2018  |  Retail

Mastercard results released on Thursday (July 26) showed growth in international transactions, where double-digit percentage gains outpaced other metrics such as gross dollar volumes, which...

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