q1

Virtual Appointments, Strong B2B Vendor Demand Help Boost RealReal Q1 Total Revenue By 11 Pct
Virtual Appointments, Strong B2B Vendor Demand Help Boost RealReal Q1 Total Revenue By 11 Pct
May 07, 2020  |  Earnings

The RealReal, the online marketplace for consigned luxury goods, has been dealing with coronavirus-induced hits to its business by going digital. In its Q1 earnings...

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Grubhub Grows Active Diners By 24 Pct
Grubhub Grows Active Diners By 24 Pct
May 06, 2020  |  Earnings

Amid a rise in orders and an increase in customers fueled by the coronavirus pandemic, Grubhub reported a 24 percent year-over-year increase in active diners...

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Lyft Ridership Up 3 Pct Even With Quarantine
Lyft Ridership Up 3 Pct Even With Quarantine
May 06, 2020  |  Earnings

Lyft reported an increase in active riders in the first quarter of 2020 with 21,211, up 3 percent year over year. But that number fell...

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LendingClub: 11 Pct Of Personal Loans In ‘Skip-a-Pay’ Program
LendingClub: 11 Pct Of Personal Loans In ‘Skip-a-Pay’ Program
May 06, 2020  |  Earnings

LendingClub posted first-quarter earnings results Tuesday (May 5) that showed a high single-digit percentage decline in loan originations as consumers held back, investors shied away...

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US Meat Shortage Boosts Fortunes Of Plant-Based Meat Firms
US Meat Shortage Boosts Fortunes Of Plant-Based Meat Firms
May 05, 2020  |  Earnings

Not every company is suffering as the world’s economy has come to a virtual standstill and the pandemic death toll rises. Beyond Meat Inc., a...

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Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests
Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests
May 05, 2020  |  Retail

Online retail giant Wayfair saw its sales surge in the first quarter of 2020, even while its net loss grew. The increase in sales figures...

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Embattled OnDeck Reports $59 Million Net Loss
Embattled OnDeck Reports $59 Million Net Loss
April 30, 2020  |  Earnings

Already facing harsh criticism from an activist investor, FinTech OnDeck reported a $59 million first-quarter net loss and $57.6 million adjusted net loss due to an...

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Facebook Daily Active Users Surge 11 Pct YoY Amid Pandemic
Facebook Daily Active Users Surge 11 Pct YoY Amid Pandemic
April 30, 2020  |  Earnings

Facebook’s earnings results showed the impacts of a pandemic that proved to be headwinds on its advertising business, but logged gains in monthly and daily...

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U.S. 1Q GDP Tumbles 4.8 Pct, The Biggest Drop Since Great Recession
U.S. 1Q GDP Tumbles 4.8 Pct, The Biggest Drop Since Great Recession
April 29, 2020  |  Economy

U.S. gross domestic product (GDP) dropped 4.8 percent in the first quarter — its biggest decline since the 2008 Great Recession as the coronavirus pandemic slammed the...

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