Earnings

Earnings
Etsy Hits $1 Billion In Sales
February 28, 2018

Etsy gave investors a thrill when it announced earnings yesterday — and saw its share bounce 18 percent as a result. The big bounce was powered mostly by the $1 billion in gross merchandising sales Etsy reported — its best ever result in that regard....

Earnings
Square Circles $1B Annual Top Line, Larger Sellers, Cash App, Bitcoin Beckon
February 28, 2018

Bitcoin. There. We said it. But all that aside -- and yes, cryptos made an appearance -- Square's diversifying model saw 4Q traction not just in gross payment volumes and Square Capital, but in consumer-focused initiatives as well, including Cash App.

Earnings
Surging Instant Pay Card Use Pushes Green Dot’s Earnings Beat
February 22, 2018

Green Dot reported a big beat on earnings yesterday — exactly one year after surprising the market with a loss during the same period last year. By the numbers, Green Dot brought in net income of $12.2 million during Q4 2017 — with adjusted earnings...

Earnings
Cardtronics Credits 2017 Success To Expanding FI Relationships
February 21, 2018

Cardtronics, the world’s largest ATM owner/operator, reported solid growth for Q4 2017 and for the full year in general. By the Q4 numbers, revenues were up 17 percent to $363.0 million from $309.8 million in the prior year, driven by the DCPayments and Spark acquisitions completed...

Earnings
Domino’s Tech And Sales Not Enough To Beat Street
February 21, 2018

Fast casual pizza chain Domino’s announced Q4 earnings as well as final numbers for 2017 on Tuesday (Feb. 20). Net income was $93.3 million (compared to last year’s $72.7 million) and earnings per share were at $2.09 (compared to $1.48 per share in 2016). The...

Earnings
LendingClub Losses Loom Large
February 21, 2018

First the settlement. Then the earnings. In tandem with earnings, LendingClub said Tuesday that it has struck a preliminary settlement in a slew of class-action lawsuits tied to company actions that led to negative headlines and scandal two years ago. The terms dictate that the...

Earnings
Walmart Hits With Grocery, Misses Big Online
February 21, 2018

After three consecutive quarters of eCommerce growth that was north of 50 percent, Walmart’s digital sales grew less than half of that last quarter – and investors were less than thrilled. That was on top of news that Walmart’s increased profit-margin pressure was pushing an annual revenue estimate for...

Earnings
Uber Losses Widen In 2017
February 15, 2018

Uber reported fourth-quarter financial results Wednesday (Feb. 14) which show wider losses compared to the year earlier. According to a report in CNBC, Uber reported losses of $4.5 billion for all of  2017 which is 61% wider than the $2.8 billion it lost in 2016....

Earnings
Western Union Reports Q4 Growth, Confirms Ripple Test
February 14, 2018

Western Union reported results Tuesday that showed continued momentum in its digital business, as consumer money transfers grew on a cross-border basis. The company posted 4 percent growth in the top line to $1.4 billion, which topped the Street by $40 million, while earnings of...