4q news and trends

MoneyGram Online Transactions Grow 39 Percent YOY
Earnings // February 25, 2020

MoneyGram posted earnings that showed continued growth in online transactions, up double-digits on a year-over-year basis. Fourth-quarter revenues at $323.7 million were off by 6.4 percent year over year, and missed estimated by $5.4 million. Non-gaap earnings of a penny beat estimates by three cents....

LendingClub CEO Heralds ‘Transformative’ Radius Bank Buy
Earnings // February 19, 2020

LendingClub on Tuesday (Feb. 18) posted results that showed continued growth in loan originations, up mid-single-digit percentages year over year – results that were possibly overshadowed by a deal the online lender struck to buy US bank Radius Bancorp for $185 million. CEO Scott Sanborn...

FIS Merchant Services Revenues Gain 10 Percent  
Earnings // February 13, 2020

Fidelity Information Services (FIS) posted results that showed organic growth across business segments, and better than expected synergies in the wake of its 2019 acquisition of Worldpay. In terms of headline numbers, adjusted earnings per share came in at $1.57, three pennies better than expected....

Snap’s Ads, Users And Earnings Up; Revenue And Stock Down
Earnings // February 05, 2020

Despite showing strength in several measures — revenue and Q1 forecasts beat pre-release estimates, Snap showed notable growth in its active user base, Discover video content platform and advertising revenue and relationships — Snap Inc. missed investor expectations for revenue and its stock price suffered. Mightly....

Interviews & Exclusives
Mastercard Tops 20174Q Views on Robust Cross-Border Transactions

February 02, 2018
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 reported during a conference call with analysts. Fourth quarter sales […]

Quick Reads
MoneyGram Online Transactions Grow 39 Percent YOY

February 25, 2020
MoneyGram posted earnings that showed continued growth in online transactions, up double-digits on a year-over-year basis. Fourth-quarter revenues at $323.7 million were off by 6.4 percent year over year, and missed estimated by $5.4 million. Non-gaap earnings of a penny beat estimates by three cents. Total fee-based revenues slipped 20.5 percent, to $311 million. MoneyGram […]

FIS Merchant Services Revenues Gain 10 Percent  

February 13, 2020
Fidelity Information Services (FIS) posted results that showed organic growth across business segments, and better than expected synergies in the wake of its 2019 acquisition of Worldpay. In terms of...