Revenue

Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise.

Source: investopedia.com

Facebook Grows User Base 8 Percent, Bullish On Commerce

Facebook Grows User Base 8 Percent, Bullish On Commerce
Facebook Grows User Base 8 Percent, Bullish On Commerce
April 24, 2019  |  Facebook / Meta

More consumers keep using Facebook even as the social network said on Wednesday (April 24) that it faces a fine of between $3 billion and...

READ MORE >
AT&T Loses Pay-TV Subscribers Amid Q1 Revenue Miss
AT&T Loses Pay-TV Subscribers Amid Q1 Revenue Miss
April 24, 2019  |  Earnings

Revenue for telecommunications giant AT&T missed Wall Street expectations on Wednesday (April 24), due to a loss in subscribers throughout all of its various businesses...

READ MORE >
All Eyes On eBay’s Strategic Review, Active Buyer Growth
All Eyes On eBay’s Strategic Review, Active Buyer Growth
April 22, 2019  |  Earnings

The big banks have kicked off earnings season. One common theme has been the consumers’ continuance to spend. Across cards, across debits and credit, amid a...

READ MORE >
Prosper Fined $3M By SEC For Overstating Returns
Prosper Fined $3M By SEC For Overstating Returns
April 21, 2019  |  Alternative Credit

The Securities and Exchange Commission announced late last week that Prosper, the online lender, has agreed to pay a $3 million fine for misleading retail...

READ MORE >
IBM Q1 Shows Systems Drag While Firm Reaches Toward The Cloud (And Blockchain)
IBM Q1 Shows Systems Drag While Firm Reaches Toward The Cloud (And Blockchain)
April 17, 2019  |  Earnings

Blockchain got a few mentions during IBM’s conference call with analysts after earnings were released Tuesday (April 16) after the markets closed. Artificial intelligence (AI) got...

READ MORE >
BoA’s Zelle Transactions Up 103 Pct In Q1
BoA’s Zelle Transactions Up 103 Pct In Q1
April 16, 2019  |  Earnings

Bank of America (BoA) missed on revenue when it reported its Q1 earnings on Tuesday (April 16) and predicted net interest income would rise half...

READ MORE >
Goldman’s Digital Roadmap, As Marcus Lands $46B In Deposits
Goldman’s Digital Roadmap, As Marcus Lands $46B In Deposits
April 16, 2019  |  Banking

Trading slump, yes. Goldman Sachs is still, of course, tied to the vagaries of investors’ back-and-forth on Wall Street, as evidenced by its latest earnings report....

READ MORE >
Citi’s Earnings Pick Up 11 Pct Year On Year
Citi’s Earnings Pick Up 11 Pct Year On Year
April 15, 2019  |  Earnings

While investors were ultimately bucked up by a buyback, results were missed when Citigroup reported earnings earlier on Monday (April 15). Get the Full Story...

READ MORE >