Earnings

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

LoanDepot Posts Loss, but Origination Volume Up 27% from Q1
LoanDepot Posts Loss, but Origination Volume Up 27% from Q1
August 08, 2023  |  Earnings

Mortgage company loanDepot released its second-quarter earnings Wednesday and saw a seasonal bump in loan originations. On Wednesday, July 7, loanDepot posted a quarterly loss...

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Oscar Health Targets Rural Areas to Fuel Growth Beyond Q2
Oscar Health Targets Rural Areas to Fuel Growth Beyond Q2
August 08, 2023  |  Earnings

Health technology company and insurance platform Oscar Health announced “strong” second quarter 2023 earnings on Tuesday (Aug. 8), telling investors that its growth strategy for 2024 will...

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Upstart’s Unsecured Loan Automation Reaches All-Time High
Upstart’s Unsecured Loan Automation Reaches All-Time High
August 08, 2023  |  Earnings

Artificial intelligence (AI) lending platform Upstart has reached a record percentage of automated unsecured loans. “Last quarter, we reached an all-time high of 88% of unsecured loans...

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Allbirds Q2 Revenue Takes Hit Amid Currency Exchange Headwinds
Allbirds Q2 Revenue Takes Hit Amid Currency Exchange Headwinds
August 08, 2023  |  Earnings

Direct-to-consumer (D2C) clothing and footwear retailer Allbirds on Tuesday (Aug. 8) posted “better-than-expected” second quarter earnings, amid decreases in average selling prices, currency exchange headwinds and...

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Payoneer Q2: Thinking Globally, Acting Locally Boosts Emerging-Market B2B Payments Growth 40% YoY
Payoneer Q2: Thinking Globally, Acting Locally Boosts Emerging-Market B2B Payments Growth 40% YoY
August 08, 2023  |  B2B Payments

“The export of goods and services is more prevalent, digital and borderless than ever,” Payoneer executives told investors on the company’s second-quarter 2023 earnings call Tuesday...

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Restaurant Brands International Continues Revamps as Burger King Sales Rise
Restaurant Brands International Continues Revamps as Burger King Sales Rise
August 08, 2023  |  Restaurant innovation

Burger King’s owner is undertaking “high-quality remodels” of its restaurants following a successful quarter. Speaking during an earnings call Tuesday (Aug. 8), Restaurant Brands International...

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Paymentus Adds Bookings and Clients Across Multiple Industries
Paymentus Adds Bookings and Clients Across Multiple Industries
August 07, 2023  |  Earnings

Paymentus added bookings and clients from multiple industries for its cloud-based bill payment solutions during the second quarter. Those industries include retail, insurance, telecommunications, utilities, government...

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Barbie Mention Bumps Birkenstock Ahead of Anticipated IPO
Barbie Mention Bumps Birkenstock Ahead of Anticipated IPO
August 07, 2023  |  Retail

Barbie still has consumers in a chokehold, and brands who have partnered with Mattel or were even referenced in the movie are reaping the benefits.  ...

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How the Fortunes of the Fortune 500 Have Changed Since 1996
How the Fortunes of the Fortune 500 Have Changed Since 1996
August 07, 2023  |  Connected Economy

The 69th annual Fortune 500 list was published earlier this summer, and most people paid it little mind. What was once considered a coveted benchmark...

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