Earnings

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

Robinhood Reports Return of Retail Traders, Surge in Crypto Trading
Robinhood Reports Return of Retail Traders, Surge in Crypto Trading
May 08, 2024  |  Earnings

Online brokerage Robinhood Markets has reported first-quarter profits that exceeded expectations, driven by strong crypto trading volumes and increased net interest revenue. Robinhood’s profit for the first quarter stood...

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Airbnb Looks for Acceleration in Summer Travel but Guidance Disappoints  
Airbnb Looks for Acceleration in Summer Travel but Guidance Disappoints  
May 08, 2024  |  Earnings

Airbnb’s first quarter results showed growth in listings and in nights booked. And per management commentary on the conference call, demand for international travel remains robust —...

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Earnings Season Shows Consumers Using BNPL More for Clothes, Travel
Earnings Season Shows Consumers Using BNPL More for Clothes, Travel
May 08, 2024  |  BNPL

Earnings season’s not over yet — and the picture on consumer spending is mixed thus far. The payment networks and banks have noted that though...

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Corpay Streamlined Its Name, Sets Eyes on Streamlining Corporate Payments 
Corpay Streamlined Its Name, Sets Eyes on Streamlining Corporate Payments 
May 08, 2024  |  Earnings

Keeping it simple can often pay off in spades down the line.  That’s the tack that the company formerly known as FLEETCOR Technologies hewed to this March...

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Instacart: Grocery Shoppers Ditch Merchants That Don’t Offer Smart Carts
Instacart: Grocery Shoppers Ditch Merchants That Don’t Offer Smart Carts
May 08, 2024  |  Earnings

Instacart is seeing in-store technologies impact grocery shoppers’ spending and loyalty. The aggregator’s CEO, Fidji Simo, noted in a letter shared with investors Wednesday (May 8) discussing its first-quarter...

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Auto1 Ups Its AI Focus as Car-Sale Profits Jump 23%
Auto1 Ups Its AI Focus as Car-Sale Profits Jump 23%
May 08, 2024  |  Earnings

European used car platform Auto1 is deepening its artificial intelligence (AI) focus amid record profits. The company on Wednesday (May 8) reported quarterly earnings showing...

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QVC Owner Courts 50+ Women as Revenues Slip
QVC Owner Courts 50+ Women as Revenues Slip
May 08, 2024  |  Earnings

With revenues sliding, Qurate Retail is focused on women over 50 and their discretionary income. The parent company of QVC and HSN on Wednesday (May 8) released quarterly earnings showing its...

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Consumers’ Click-and-Mortar™ Expectations Shape Shopify’s Future
Consumers’ Click-and-Mortar™ Expectations Shape Shopify’s Future
May 08, 2024  |  Earnings

Digital may have changed the face of retail, but consumers continue to want to shop in stores, demanding that even the most eCommerce-centric companies such...

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Affirm Credits Mid-Market With Q3 ’24 Earnings Gains
Affirm Credits Mid-Market With Q3 ’24 Earnings Gains
May 08, 2024  |  Earnings

Although it didn’t address two big elephants in the room, buy now, pay later company Affirm rode solid advancements in its debit card and gross...

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