Revenue

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

Source: investopedia.com

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  |  Digital 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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Citi’s Earnings Pick Up 11 Pct Year On Year
Citi’s Earnings Pick Up 11 Pct Year On Year
April 15, 2019  |  Earnings

While investors were ultimately bucked up by a buyback, results were missed when Citigroup reported earnings earlier on Monday (April 15). By the numbers, earnings...

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JPMorgan’s Mobile User Base Grows 11 Pct.
JPMorgan’s Mobile User Base Grows 11 Pct.
April 12, 2019  |  Earnings

Fresh off headlines tied to JPMorgan CEO Jamie Dimon’s appearance on Capitol Hill and a shareholder letter that pointed toward resilient economic fundamentals in the...

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Credit Cards, Auto Loans Drive Better Than Expected Earnings For Wells
Credit Cards, Auto Loans Drive Better Than Expected Earnings For Wells
April 12, 2019  |  Earnings

Wells Fargo came through with a better than expected earnings report on Friday morning (April 12) before the market opened. Revenue came in at $21.609...

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Credit Suisse: iPhone Sales Could Plummet 12 Pct. This Year
Credit Suisse: iPhone Sales Could Plummet 12 Pct. This Year
April 11, 2019  |  Investments

With Apple suffering from lackluster demand for its iPhone devices, Wall Street firm Credit Suisse was prompted to start the Cupertino, California tech giant at...

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Wells Fargo CEO Search Could Hurt Turnaround
Wells Fargo CEO Search Could Hurt Turnaround
April 10, 2019  |  Banking

Wells Fargo, the embattled national bank that is still reeling from a 2016 fake account scandal, is having a hard time recovering and rebuilding its...

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Pinterest To IPO In $15-$17 Range
Pinterest To IPO In $15-$17 Range
April 10, 2019  |  IPO

Pinterest announced that it will list on the New York Stock Exchange at between $15 and $17 a share, bringing the company’s potential valuation to...

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French Lower Parliament Passes Big Tech Tax Bill
French Lower Parliament Passes Big Tech Tax Bill
April 10, 2019  |  Europe

France’s lower parliament has passed a proposed tax that targets the revenue of tech giants like Google, Amazon and Facebook. Last month, France’s finance minister...

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