Earnings

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

Simon Property Group Leverages Digital Loyalty Tech to Drive Brick-and-Mortar Visits
Simon Property Group Leverages Digital Loyalty Tech to Drive Brick-and-Mortar Visits
February 05, 2024  |  Earnings

Simon Property Group is leveraging technology to maintain shoppers’ visits to on-site stores in the face of growing competition from eCommerce players. The largest mall...

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Report: Reddit Achieved Profitability in Q4, Could Soon Unveil IPO
Report: Reddit Achieved Profitability in Q4, Could Soon Unveil IPO
February 05, 2024  |  IPO

Reddit is reportedly preparing for a potential initial public offering (IPO) in the United States. The social media company and its advisers are expected to unveil...

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Estee Lauder CEO Says Beauty Shoppers Increasingly Expect Omnichannel Access
Estee Lauder CEO Says Beauty Shoppers Increasingly Expect Omnichannel Access
February 05, 2024  |  Retail

As consumers increasingly expect brands to meet them where they are, be it online or in person, Estée Lauder is seeing rising demand for digital...

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New Fund Flows Outpace Card Growth as Payment Networks Eye Open Banking Opportunities
New Fund Flows Outpace Card Growth as Payment Networks Eye Open Banking Opportunities
February 02, 2024  |  Earnings

Beyond the debit and credit card issuance, beyond the consumer spending, the networks see growth ahead underpinned by new payment flows. The recent spate of...

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Zuckerberg Dubs 2023 Meta’s ‘Year of Efficiency’ as Reality Labs Revenue Crosses $1B Mark
Zuckerberg Dubs 2023 Meta’s ‘Year of Efficiency’ as Reality Labs Revenue Crosses $1B Mark
February 01, 2024  |  Earnings

Meta CEO Mark Zuckerberg dubbed 2023 the “year of efficiency” as the social media giant’s Reality Labs division, which has been losing billions over the...

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Jassy: Amazon’s GenAI Tools Could Boost Customer Experience and Profits
Jassy: Amazon’s GenAI Tools Could Boost Customer Experience and Profits
February 01, 2024  |  Earnings

Riding a huge wave of consumer holiday spending and harvesting its October Prime Big Deal Day season, Amazon delivered its highest operating income ever late...

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Apple’s Services Growth Slows to 11%, Paid Subscriptions Top 1 Billion 
Apple’s Services Growth Slows to 11%, Paid Subscriptions Top 1 Billion 
February 01, 2024  |  Earnings

Apple’s ecosystem continues to grow, albeit with some puts and takes. The segment logged 11% growth year over year, slowing from the 16% growth rate...

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SiriusXM Sees Revenue per Subscriber Decline as Mix Shifts to Streaming-Only
SiriusXM Sees Revenue per Subscriber Decline as Mix Shifts to Streaming-Only
February 01, 2024  |  Earnings

The rise in demand for music streaming comes with its drawbacks for broadcasting companies that are used to offering a more diversified suite of listening...

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Peloton Looks to B2B Subscription Growth to Offset Revenue Challenges
Peloton Looks to B2B Subscription Growth to Offset Revenue Challenges
February 01, 2024  |  Earnings

As Peloton sees its revenue fall, the connected fitness company is looking to capture businesses’ corporate wellness spending to drive subscription growth. The company reported...

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