Revenue

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

Source: investopedia.com

TrueCar Is Restructuring and Changing Management as Losses Continue
TrueCar Is Restructuring and Changing Management as Losses Continue
June 14, 2023  |  eCommerce

TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving efficiency amid broader downshifts in...

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Goldman Sachs Puts GreenSky Up for Sale: Potential Buyers Express Interest
Goldman Sachs Puts GreenSky Up for Sale: Potential Buyers Express Interest
June 13, 2023  |  Fintech Investments

Goldman Sachs is exploring strategic alternatives for its consumer arm and FinTech unit GreenSky as it scales down its retail ambitions. Among the firms that...

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Walmart: Grocery Sales Grow Double Digits as Consumers Embrace Private-Label Brands
Walmart: Grocery Sales Grow Double Digits as Consumers Embrace Private-Label Brands
May 18, 2023  |  Earnings

For Walmart, fiscal first-quarter earnings got a lift as consumers flocked to the commerce giant to stock the fridge — and pivoted to less-expensive, private-label goods. The retailer said in...

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Paysafe Says Digital Wallet Use Helped Q1 Revenue Jump 7%
Paysafe Says Digital Wallet Use Helped Q1 Revenue Jump 7%
May 16, 2023  |  Earnings

Payments platform Paysafe saw a revenue boost due to a rise in digital wallet use. “We kicked off 2023 by delivering our strongest quarterly revenue since going...

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Krispy Kreme Now a ‘Doughnut Logistics Company’ as Online and Retail Efforts Pay off in Q1
Krispy Kreme Now a ‘Doughnut Logistics Company’ as Online and Retail Efforts Pay off in...
May 11, 2023  |  Earnings

As consumer buying patterns shift and its delivered fresh daily (DFD) hub and spoke model evolves internationally, Krispy Kreme is seeing strong returns, particularly in...

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Sportradar: AI Transforms Sports Data Sector
Sportradar: AI Transforms Sports Data Sector
May 10, 2023  |  Artificial Intelligence

Sports technology firm Sportradar is using artificial intelligence (AI) for real-time sports data analysis. Officials from the Swiss company discussed the potential of AI to...

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First Citizens Sees Income Jump After SVB Purchase
First Citizens Sees Income Jump After SVB Purchase
May 10, 2023  |  Earnings

First Citizens Bank’s income surged following its purchase of failed Silicon Valley Bank. First Citizens, a North Carolina lender with a long history of buying...

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DraftKings Blows Past Q1 Revenue Record as More States Legalize Online Wagering
DraftKings Blows Past Q1 Revenue Record as More States Legalize Online Wagering
May 05, 2023  |  Earnings

Virtual sports betting is looking like a sure thing as DraftKings delivered a strong start to the year with more states legalizing online sportsbook (OSB)...

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Cazoo Restructuring Bears Financial Fruit Amid Struggling Global Used Car Market
Cazoo Restructuring Bears Financial Fruit Amid Struggling Global Used Car Market
April 27, 2023  |  Earnings

British online auto marketplace Cazoo said an intense focus on improving unit economics as well as restructuring activities which saw it ditch its other European...

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