Revenue

Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise.

Source: investopedia.com

PayPal Q1 Payments Volume Dips, Venmo User Base Grows

PayPal Q1 Payments Volume Dips, Venmo User Base Grows
PayPal Q1 Payments Volume Dips, Venmo User Base Grows
April 24, 2019  |  Earnings

Payments app Venmo reached 40 million users at the end of Q1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Facebook Grows User Base 8 Percent, Bullish On Commerce
Facebook Grows User Base 8 Percent, Bullish On Commerce
April 24, 2019  |  Facebook / Meta

More consumers keep using Facebook even as the social network said on Wednesday (April 24) that it faces a fine of between $3 billion and...

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AT&T Loses Pay-TV Subscribers Amid Q1 Revenue Miss
AT&T Loses Pay-TV Subscribers Amid Q1 Revenue Miss
April 24, 2019  |  Earnings

Revenue for telecommunications giant AT&T missed Wall Street expectations on Wednesday (April 24), due to a loss in subscribers throughout all of its various businesses...

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All Eyes On eBay’s Strategic Review, Active Buyer Growth
All Eyes On eBay’s Strategic Review, Active Buyer Growth
April 22, 2019  |  Earnings

The big banks have kicked off earnings season. One common theme has been the consumers’ continuance to spend. Across cards, across debits and credit, amid a...

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Prosper Fined $3M By SEC For Overstating Returns
Prosper Fined $3M By SEC For Overstating Returns
April 21, 2019  |  Alternative Credit

The Securities and Exchange Commission announced late last week that Prosper, the online lender, has agreed to pay a $3 million fine for misleading retail...

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IBM Q1 Shows Systems Drag While Firm Reaches Toward The Cloud (And Blockchain)
IBM Q1 Shows Systems Drag While Firm Reaches Toward The Cloud (And Blockchain)
April 17, 2019  |  Earnings

Blockchain got a few mentions during IBM’s conference call with analysts after earnings were released Tuesday (April 16) after the markets closed. Artificial intelligence (AI) got...

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BoA’s Zelle Transactions Up 103 Pct In Q1
BoA’s Zelle Transactions Up 103 Pct In Q1
April 16, 2019  |  Earnings

Bank of America (BoA) missed on revenue when it reported its Q1 earnings on Tuesday (April 16) and predicted net interest income would rise half...

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Goldman’s Digital Roadmap, As Marcus Lands $46B In Deposits
Goldman’s Digital Roadmap, As Marcus Lands $46B In Deposits
April 16, 2019  |  Banking

Trading slump, yes. Goldman Sachs is still, of course, tied to the vagaries of investors’ back-and-forth on Wall Street, as evidenced by its latest earnings report....

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