Earnings

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

Paytm Adding Products and People as it Achieves Operational Profitability
Paytm Adding Products and People as it Achieves Operational Profitability
May 05, 2023  |  Earnings

Paytm recorded 61% year-over-year revenue growth during its fiscal year 2023. The Indian eCommerce and payment system and financial technology company also achieved operational profitability, Paytm...

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DraftKings Blows Past Q1 Revenue Record as More States Legalize Online Wagering
DraftKings Blows Past Q1 Revenue Record as More States Legalize Online Wagering
May 05, 2023  |  Earnings

Virtual sports betting is looking like a sure thing as DraftKings delivered a strong start to the year with more states legalizing online sportsbook (OSB)...

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Block’s Cash App Hits 53 Million Monthly Active Users, Direct Deposits up 69%
Block’s Cash App Hits 53 Million Monthly Active Users, Direct Deposits up 69%
May 05, 2023  |  Mobile Payments

Block, the parent company of Square, posted earnings results illustrating the evolution of a financial services ecosystem — with Cash App at the center. A...

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NCR Preps for Year-End Split as Digital-First Banking Results Remain Strong
NCR Preps for Year-End Split as Digital-First Banking Results Remain Strong
May 04, 2023  |  Earnings

As it readies to split NCR into two separate public companies, one focused on digital banking and POS systems and the other dedicated to its...

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Apple’s Services Segment Slows to 5.5% Growth Rate
Apple’s Services Segment Slows to 5.5% Growth Rate
May 04, 2023  |  Apple

Hardware’s growing — specifically, the phones —  but for Apple, services are slowing. Drilling down into the Q2 results, the tech giant’s iPhone revenue was...

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Carvana Expects Return to Profitability in Q2 After Cutting Costs
Carvana Expects Return to Profitability in Q2 After Cutting Costs
May 04, 2023  |  Retail

Carvana expects to return to profitability in this quarter after cutting costs. The used car retailer expects to achieve positive adjusted earnings before interest, taxes,...

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Coinbase CEO Says Retail Investors Remain Committed to Crypto
Coinbase CEO Says Retail Investors Remain Committed to Crypto
May 04, 2023  |  Cryptocurrency

Coinbase, as a stand-in for the U.S. crypto sector, is undoubtedly facing an existential crisis. Still, the U.S.-listed cryptocurrency exchange and self-described “most trusted brand”...

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DoorDash Sets Its Sights on Underpenetrated eGrocery Market
DoorDash Sets Its Sights on Underpenetrated eGrocery Market
May 04, 2023  |  Aggregators

DoorDash is seeing disproportionate growth in its emerging grocery business, buoyed by the underpenetration of the market. On a call with analysts Thursday (May 4)...

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Kellogg and Kraft Heinz Use New Data Capabilities to Compete With Private-Label Brands
Kellogg and Kraft Heinz Use New Data Capabilities to Compete With Private-Label Brands
May 04, 2023  |  Earnings

As major food brands face increased competition from private-label and discount products, they are leveraging consumer data to get highly targeted in their marketing, maintaining...

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