Southeast Asian super app provider Grab remains optimistic on longer-term growth prospects, company executives said on a Wednesday (Aug. 23) second-quarter 2023 earnings call, highlighting how “affordability initiatives” and strengthening engagement through its flagship subscriptions program, GrabUnlimited, have been key levers in expanding its marketplace of...
The Federal Trade Commission (FTC) just sued to block Meta from acquiring a VR company, saying it would put the social media giant “one step closer to its ultimate goal of owning the entire ‘Metaverse.’” That’s something CEO Mark Zuckerberg had better get on with,...
Casper Sleep priced its initial public offering (IPO) at $12, a low rate for its already slashed range, reports said. The company has had a tough time on its road to rolling out an IPO, a sign that unprofitable startups will have problems with going...
Green Dot Corporation reported financial results for the first quarter of 2019, showing total operating revenues of $340.5 million, a 6 percent increase compared to the first quarter of 2018. The FinTech company also reported GAAP net income of $64.0 million, a decrease of 9 percent from...
November 01, 2023
Brinker International, the parent company of casual restaurant chains Chili’s and Maggiano’s, reported strong performance and growth for the quarter ended Sept. 27. During a Wednesday (Nov. 1) earnings call, company executives discussed the firm’s strategic initiatives and operating performance, highlighting a 6% comparable sales growth. They said this growth can be attributed to Brinker International’s long-term strategy, […]
February 06, 2020
Casper Sleep priced its initial public offering (IPO) at $12, a low rate for its already slashed range, reports said. The company has had a tough time on its road...
May 09, 2019
Green Dot Corporation reported financial results for the first quarter of 2019, showing total operating revenues of $340.5 million, a 6 percent increase compared to the first quarter of 2018. The...
May 08, 2019
Western Union missed Wall Street estimates on the top and bottom lines amid currency headwinds and some weakness in a few international payment corridors — but logged double-digit growth in...
