Revenue

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

Source: investopedia.com

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)
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...

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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...

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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....

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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...

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JPMorgan’s Mobile User Base Grows 11 Pct.
JPMorgan’s Mobile User Base Grows 11 Pct.
April 12, 2019  |  Earnings

Fresh off headlines tied to JPMorgan CEO Jamie Dimon’s appearance on Capitol Hill and a shareholder letter that pointed toward resilient economic fundamentals in the...

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Credit Cards, Auto Loans Drive Better Than Expected Earnings For Wells
Credit Cards, Auto Loans Drive Better Than Expected Earnings For Wells
April 12, 2019  |  Earnings

Wells Fargo came through with a better than expected earnings report on Friday morning (April 12) before the market opened. Revenue came in at $21.609...

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Credit Suisse: iPhone Sales Could Plummet 12 Pct. This Year
Credit Suisse: iPhone Sales Could Plummet 12 Pct. This Year
April 11, 2019  |  Investments

With Apple suffering from lackluster demand for its iPhone devices, Wall Street firm Credit Suisse was prompted to start the Cupertino, California tech giant at...

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Wells Fargo CEO Search Could Hurt Turnaround
Wells Fargo CEO Search Could Hurt Turnaround
April 10, 2019  |  Banking

Wells Fargo, the embattled national bank that is still reeling from a 2016 fake account scandal, is having a hard time recovering and rebuilding its...

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