Earnings

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

Chinese Gaming and Payments Platform Tencent Holdings’ YOY Revenue Growth Hits 19%

Chinese Gaming and Payments Platform Tencent Holdings’ YOY Revenue Growth Hits 19%
Chinese Gaming and Payments Platform Tencent Holdings’ YOY Revenue Growth Hits 19%
November 10, 2021  |  Earnings

China-based FinTech Tencent Holdings Ltd. cited “new regulatory and macroeconomic developments” as catalysts for the company’s lackluster 3 percent revenue increase in the third quarter...

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Upstart’s Triple-Digit Growth Shows AI-Based Lending’s Heady Pace
Upstart’s Triple-Digit Growth Shows AI-Based Lending’s Heady Pace
November 10, 2021  |  Loans

As growth stocks continue their heady (but never completely steady) climb on Wall Street, the question remains: When are triple-digit gains not enough? Get the...

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Adidas Expects $1.2B Hit to Sales as Supply Constraints Rage On
Adidas Expects $1.2B Hit to Sales as Supply Constraints Rage On
November 10, 2021  |  Earnings

German sportswear giant Adidas is expecting its sales to take a €1 billion ($1.2 billion) hit over the next two quarters because of factory closures...

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Peloton Launches Connected Strength Product Amid Slowing Growth
Peloton Launches Connected Strength Product Amid Slowing Growth
November 10, 2021  |  Retail

Peloton on Tuesday (Nov. 9) announced its first connected strength product, an artificial intelligence-enabled device dubbed Peloton Guide, as the company faces plummeting market value...

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Fiverr Delivers Better-Than-Expected Earnings
Fiverr Delivers Better-Than-Expected Earnings
November 10, 2021  |  Earnings

Israeli freelance platform Fiverr delivered third-quarter earnings that topped forecasts, with 42% year-over-year revenue growth reaching $74.3 million and net earnings per share of $0.19....

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Poshmark Sales Hurt by Apple Privacy Changes
Poshmark Sales Hurt by Apple Privacy Changes
November 10, 2021  |  Retail

Resale marketplace Poshmark reported lower-than-expected sales in the third quarter as the company grapples with the impact of Apple’s privacy changes in its iOS system,...

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Coinbase Tells Investors to Remain Calm, Focus on Long Term As Trading Drops 29%
Coinbase Tells Investors to Remain Calm, Focus on Long Term As Trading Drops 29%
November 09, 2021  |  Earnings

In the world of cryptocurrency, where volatility is both the norm and a double-edged sword for trading firms like Coinbase, the third quarter may be...

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Paymentus Credits New Relationships With JPMorgan, Others for 45% Surge in Business
Paymentus Credits New Relationships With JPMorgan, Others for 45% Surge in Business
November 09, 2021  |  Earnings

Paymentus highlighted its expanded relationship with J.P. Morgan Tuesday (Nov. 9) during an earnings call with investors and analysts. The provider of cloud-based bill payment...

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