After a series of earning performances that left investors disappointed, OnDeck reported a profitable Q4. That performance is largely credited to fewer charge-offs and a reduction in the costs of originating loans. The mood during the earnings call was also somewhat lighter and improved, too. “2017 was a transformative year for...
Meal kit delivery service Blue Apron managed to cook up a Q4 earnings beat this time around, and investors liked what they saw well enough to pick up 9 percent on Tuesday (Feb. 13) after the firm managed lower-than-expected losses. According to CNBC reports, Blue Apron...
First Data reported results on Monday (Feb. 12) that met Street expectations on the continued turnaround in its ISV business, and traction in payments processing solution Clover. The company said that its fourth-quarter top line came in at $3.1 billion, up 7 percent from last...
Social Finance (SoFi), the FinTech lending company, said late last week that customers are missing their loan payments at a rate that wasn’t expected. According to a report in The Wall Street Journal, the private company said it failed to meet its own internal projections...
Twitter beat out analyst estimates to deliver its first quarterly profit and an unexpected return to revenue growth. According to Reuters, revenue rose 2 percent in the fourth quarter from the previous year, thanks to an expansion outside the United States. International profits increased by 17...
Fiserv beat analyst expectations for the fourth quarter of last year, boosted in part by traction in its payments segment, as reported Wednesday (Feb. 7th). Revenues (measured on a GAAP basis) overall were up seven percent year over year to $1.54 billion, while internal revenues...
And in a Snap, the Snap shares soared, snapping a losing streak that had brought forth the dreaded “busted IPO” sobriquet. Investors bid up the shares of Snap by as much as 28 percent after hours Tuesday (Feb. 6th) after the company reported fourth quarter...
Dunkin’ Donuts’ stock was down more than 3 percent after earnings were announced, despite better-than-expected Q4 results, according to news on Tuesday (Feb. 6) from CNBC. Net income lifted to $195.5 million ($2.13 per share), an increase from the $56.1 million, or $0.61 per share, the...
Absent the same impact U.S. tax laws had on other firms recently reporting results, Mastercard put up numbers Thursday (Feb. 1) that topped expectations. Those figures came on the heels of increased spending by the firm’s cardholders both in the U.S. and abroad, the company...
