Earnings

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

PayPal Claims Top Spot in BNPL as Q3 Volume Spikes 157%
PayPal Claims Top Spot in BNPL as Q3 Volume Spikes 157%
November 03, 2022  |  Platform Payments

PayPal’s users are still engaged, but spending is clearly slowing. But even as PayPal, like other firms, is not immune to macro headwinds and inflation’s...

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Coinbase Loses Half Billion Dollars and Half Million Customers in Q3
Coinbase Loses Half Billion Dollars and Half Million Customers in Q3
November 03, 2022  |  Cryptocurrency

Coinbase reported another brutal earnings miss in the third quarter of 2022, losing $545 million and missing earnings targets by a little and revenue by...

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DoorDash Says It Will Not Raise Subscription Fee
DoorDash Says It Will Not Raise Subscription Fee
November 03, 2022  |  Delivery

Despite the high cost of delivery and the economic challenges of the aggregator model, DoorDash, the United States’ leading aggregator, stated that it has no...

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Carvana Expects Used Car Industry to Remain Challenging in 2023
Carvana Expects Used Car Industry to Remain Challenging in 2023
November 03, 2022  |  eCommerce

Used car eCommerce platform Carvana said it expects the industry will face headwinds well into 2023, saying it plans continued cost-cutting measures to counter them....

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Grocers and Food Brands Can’t Agree on Private Label
Grocers and Food Brands Can’t Agree on Private Label
November 03, 2022  |  Earnings

If you ask Kellogg’s, even in the face of rampant inflation, the lower-priced private-label brands sold by grocers still don’t pose a threat to its...

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Metaverse Alliance Seeks Interoperability Standards as Meta Shareholders Rage
Metaverse Alliance Seeks Interoperability Standards as Meta Shareholders Rage
November 03, 2022  |  Metaverse

Meta Platforms shareholders are gritting their teeth after CEO Mark Zuckerberg has made little concession to their fears that the social media giant’s ballooning and...

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Nuvei Reports 30% Growth in Payments Processing Volume
Nuvei Reports 30% Growth in Payments Processing Volume
November 03, 2022  |  Earnings

Canadian payments platform Nuvei reported better-than-expected third-quarter results Thursday (Nov. 3), with the company seeing a 30% increase in processing volume. “Results were driven by...

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Burger King Adds Drive-Thrus Despite Hazy Future of the Channel
Burger King Adds Drive-Thrus Despite Hazy Future of the Channel
November 03, 2022  |  QSR & Mobile

Burger King parent company Restaurant Brands International says it plans to sharply increase its drive-thrus in a bid to boost sales. In speaking with analysts Thursday (Nov. 3)...

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Peloton Says ‘Fitness as a Service’ and Amazon Retail Partnership Growing Fast
Peloton Says ‘Fitness as a Service’ and Amazon Retail Partnership Growing Fast
November 03, 2022  |  Retail

On a day when investors’ double-digit disappointment over Peloton’s earnings and guidance scream for attention, it can be hard to hear the soft-spoken insights of...

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