Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Wayfair: Home Furnishings Sales Slow to 2008 Crisis Levels
Wayfair: Home Furnishings Sales Slow to 2008 Crisis Levels
August 01, 2024  |  Earnings

Wayfair saw its quarterly sales dip amid continued pressure on home goods consumers. “Customers remain cautious in their spending on the home, and our credit card...

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Etsy Looks to Loyalty Rewards to Counter Sales Declines
Etsy Looks to Loyalty Rewards to Counter Sales Declines
August 01, 2024  |  Earnings

As Etsy sees its sales slip, the eCommerce marketplace is gearing up to launch a loyalty program in an effort to drive greater spending and...

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Zuckerberg Details AI Vision in Meta’s Q2 Earnings Call
Zuckerberg Details AI Vision in Meta’s Q2 Earnings Call
July 31, 2024  |  Meta

A funny thing happened on the way to Meta’s Q2 earnings call. As it has for many tech companies during this earnings season, discussion of...

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Amwell Beats Q2 Expectations on Subscription Revenue Strength
Amwell Beats Q2 Expectations on Subscription Revenue Strength
July 31, 2024  |  Earnings

Telehealth provider Amwell on Wednesday (July 31) reported second-quarter revenue of $62.8 million (above guidance of $61.1 million), driven by $27.5 million in subscription revenue...

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Lemonade’s ‘Tech Obsession’ Sees AI Handling 30% of Interactions
Lemonade’s ‘Tech Obsession’ Sees AI Handling 30% of Interactions
July 31, 2024  |  Earnings

Digital insurance provider Lemonade is continuing to incorporate artificial intelligence (AI) into its business. “Investors and analysts often ask about the practical impact of our investments in...

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Fiverr Sees 6% Revenue Rise in Q2 Despite ‘Volatile’ Market for Freelancers
Fiverr Sees 6% Revenue Rise in Q2 Despite ‘Volatile’ Market for Freelancers
July 31, 2024  |  Earnings

Freelancer platform Fiverr saw its revenue rise 6% year over year, to $94.7 million, in the second quarter of 2024 despite macroeconomic volatility. In the...

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New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
July 31, 2024  |  Earnings

Playing a hot hand of new deals and balanced global consumer spending, Mastercard posted double-digit revenue growth for the second quarter, as announced in its...

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Pinterest Adds More Shoppable Video Content; Q2 Revenue Up 21%
Pinterest Adds More Shoppable Video Content; Q2 Revenue Up 21%
July 31, 2024  |  Social Commerce

As Pinterest looks to become a central figure in the social commerce space, the company is integrating more directly shoppable features across the platform to...

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Microsoft Bets Big on AI as Demand Surges Across Cloud and Software Businesses
Microsoft Bets Big on AI as Demand Surges Across Cloud and Software Businesses
July 30, 2024  |  artificial intelligence

Microsoft is doubling down on artificial intelligence (AI) as a driver of growth. During the company’s fiscal fourth-quarter earnings call on Tuesday (July 30), executives...

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