Fourth Quarter news and trends

CapOne Earnings Show Accelerated Digital Shift, Improving Credit Metrics
Earnings // January 26, 2021

Capital One Financial said on Tuesday (Jan. 26) that, in its fourth quarter, consumer credit metrics improved as consumers continued to pay down debt. In terms of headline numbers, the company said that revenues were down 1 percent to $7.3 billion, which beat expectations of...

Upwork Reports 14.6 Pct Take Rate As It Makes Changes To Virtual Tokens
Earnings // February 27, 2020

Upwork saw strong adoption of its new paid client subscription plans, made changes to the virtual tokens used by freelancers when submitting proposals and increased its client fee for basic as well as plus, and reported a take rate of 14.6 percent for the fourth...

Alphabet’s YouTube Subs at $3B Run Rate, Eyes ‘Better’ Commerce Experience
Earnings // February 03, 2020

With a bit more granularity than has been seen in past quarters, Google’s parent Alphabet reported fourth-quarter results that showed continued gains in core search and YouTube businesses, while cloud outpaced the growth rate of those core operations. In terms of headline numbers, net revenues...

Stitch Fix Falls Short Of Active Customer Estimates For Fiscal 4Q
Subscriptions // October 02, 2018

Stitch Fix’s days of showing consistent growth since its initial public offering last November may be coming to an end with fiscal fourth-quarter results that produced revenue that was shy of Wall Street expectations. The Wall Street Journal, citing the online personalized styling service, reported...

Quick Reads
Squarespace Sees 18% Increase in Bookings in Third Quarter

November 07, 2023
Squarespace has announced its financial results for the third quarter, showcasing growth in bookings and revenue. The company, known for its design-driven platform that helps entrepreneurs build brands and businesses online, reported total bookings of $267 million, representing an 18% increase compared to the same period in 2022. The company said this growth can be […]

Stitch Fix Falls Short Of Active Customer Estimates For Fiscal 4Q

October 02, 2018
Stitch Fix’s days of showing consistent growth since its initial public offering last November may be coming to an end with fiscal fourth-quarter results that produced revenue that was shy...

Uber Losses Widen In 2017

February 15, 2018
Uber reported fourth-quarter financial results Wednesday (Feb. 14) which show wider losses compared to the year earlier. According to a report in CNBC, Uber reported losses of $4.5 billion for...

Amex Beats Q4 On Higher Card Spend, Balances

January 19, 2018
The headline numbers said it was the first quarterly loss in 26 years. But digging a little deeper, American Express posted fourth-quarter results that topped expectations on the heels of higher...