Revenue

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

Source: investopedia.com

Report: Instagram Set to Drive Half of Meta’s Ad Revenue
Report: Instagram Set to Drive Half of Meta’s Ad Revenue
December 18, 2024  |  Meta

Instagram will soon make up half of parent company Meta’s advertising revenues in the United States. The photo-and-video-sharing app will exceed $32 billion in U.S....

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Banking Industry’s Net Interest Margin Rises After 3 Quarterly Declines
Banking Industry’s Net Interest Margin Rises After 3 Quarterly Declines
December 12, 2024  |  Banking

The banking industry’s net interest margin increased in the third quarter as the increase in loan yields exceeded the increase in the cost of deposits...

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Dick’s Sporting Goods Outperforms Headwinds Due to Experiences, Exclusive Brands
Dick’s Sporting Goods Outperforms Headwinds Due to Experiences, Exclusive Brands
November 26, 2024  |  Earnings

Dick’s Sporting Goods’ third-quarter 2024 earnings results exceeded analyst expectations and demonstrated continued momentum as the back-to-school season transitioned into the holiday shopping period. During...

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Ross Stores: ‘Treasure Hunt Environment’ Drives Off-Price Store Sales
Ross Stores: ‘Treasure Hunt Environment’ Drives Off-Price Store Sales
November 22, 2024  |  Earnings

Ross Stores aims to draw customers and drive sales by offering value and a “treasure hunt environment,” executives said Thursday (Nov. 21) during the off-price...

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Walmart’s Growth Fueled by Expedited Deliveries and Resilient US Shoppers
Walmart’s Growth Fueled by Expedited Deliveries and Resilient US Shoppers
November 19, 2024  |  Walmart

Consumers in the United States have shown resilience while prioritizing speed and convenience, according to Walmart’s third-quarter earnings call Tuesday (Nov. 19). The retail giant...

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Advance Auto Parts Aims to Boost Productivity by Closing Stores
Advance Auto Parts Aims to Boost Productivity by Closing Stores
November 15, 2024  |  Earnings

Advance Auto Parts plans to close 523 corporate stores, exit 204 independently owned locations and close four distribution centers in the United States by mid-2025...

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AI Firms Post Mixed Q3 Results as Voice, Education Tech Gain Ground
AI Firms Post Mixed Q3 Results as Voice, Education Tech Gain Ground
November 14, 2024  |  artificial intelligence

In a snapshot of the AI sector’s financial health, voice artificial intelligence (AI) pioneer SoundHound reported Q3 revenue of $25.1 million despite mounting losses, while...

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Intellicheck CEO Sees Demand for Banking ID Verification as Fraudsters Grow Bolder
Intellicheck CEO Sees Demand for Banking ID Verification as Fraudsters Grow Bolder
November 14, 2024  |  Earnings

Investors sent Intellicheck shares lower by 12% Thursday morning (Nov. 14) on a slight revenue miss. However, management pointed to potential in the company’s identity...

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Volatile FinTech Stocks Highlight Promise, Perils of Financial Services’ Digital Makeover
Volatile FinTech Stocks Highlight Promise, Perils of Financial Services’ Digital Makeover
November 08, 2024  |  Earnings

On Wall Street, what goes up must go down, and vice versa. A momentous week with a seesaw of volatility in the markets could be...

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