Earnings

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

Upstart Sees Share Highs Plummet on Missed Q2 Earnings

Upstart Sees Share Highs Plummet on Missed Q2 Earnings
Upstart Sees Share Highs Plummet on Missed Q2 Earnings
August 09, 2022  |  Earnings

Artificial intelligence (AI) lending marketplace Upstart on Monday (Aug. 8) delivered lower than expected financial results for the second quarter of fiscal year 2022 that brought close...

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CarGurus Slumps, Company Sees Slowing Q3 Sales, Reduced Demand for Cars
CarGurus Slumps, Company Sees Slowing Q3 Sales, Reduced Demand for Cars
August 09, 2022  |  Retail

Shares of online automotive platform CarGurus fell as much as 15% in extended trading Monday (Aug 8) after the Cambridge, Mass-based company said its sales...

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India’s Payments Company Paytm’s Shares Bounce Up 6% on Earnings Surge
India’s Payments Company Paytm’s Shares Bounce Up 6% on Earnings Surge
August 08, 2022  |  Earnings

Paytm shares jumped over 6% on Monday, hitting the highest level in almost six months, after parent company One 97 Communications saw an 89% surge...

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Shake Shack, KFC, Others Tap Kiosks to Boost in-Restaurant Margins
Shake Shack, KFC, Others Tap Kiosks to Boost in-Restaurant Margins
August 08, 2022  |  ResTech

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Blue Apron CEO: Meal Kit Customers Take Price Increases on the Chin
Blue Apron CEO: Meal Kit Customers Take Price Increases on the Chin
August 08, 2022  |  Earnings

As inflation continues and the impending recession weighs heavy on consumers’ minds, many are making changes to their food purchasing. However, meal kit company Blue...

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CE100 Index Gains 5.5% as Vroom Soars 55%, Platforms Gain Steam on Earnings
CE100 Index Gains 5.5% as Vroom Soars 55%, Platforms Gain Steam on Earnings
August 08, 2022  |  Connected Economy

PYMNTS’ Connected Economy™ 100 Index (CE100 Index™) marched upward by 5.5% this past week, continuing a streak that now has extended to three straight weeks....

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Today in the Connected Economy: Amazon Buys iRobot, Partners With Veritone
Today in the Connected Economy: Amazon Buys iRobot, Partners With Veritone
August 05, 2022  |  Connected Economy

Today in the connected economy, Amazon pays $1.7 billion to acquire Roomba-maker iRobot, part of the company’s effort to boost its smart home offerings. Plus,...

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Today in B2B Payments: Supply Chain Snarls Ease; B2B ACH Volume Rises 12.3% in Q2
Today in B2B Payments: Supply Chain Snarls Ease; B2B ACH Volume Rises 12.3% in Q2
August 05, 2022  |  B2B Payments

Today in B2B payments, global supply chains report less strain in July than at any point since January 2021, while NACHA says B2B automated clearing...

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