Bitcoin Drove Half of Square’s Cash App Revenue in the 4th Quarter
Square reported bitcoin revenues of $178 million between Nov. 1 and Dec. 31, 2019, with profits of $3 million, up 50 percent over the prior two quarters......»»
Square CFO says Cash App saw surge in new bitcoin buyers in January, CNBC says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Square increases bitcoin stake with additional $170 million investment
Bitcoin represents about 5% of Square's total cash, cash equivalents, and marketable securities as of the end of last year. Bitcoin has surged .....»»
: Square discloses purchase of $170 million in bitcoin, now has about 5% of cash reserves invested in bitcoin
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
Raytheon CEO says the company will "load up" on share buybacks in 2021 after strong 4th-quarter earnings
Raytheon beat analyst estimates for EPS and revenue while posting strong free cash flow. Now the company says it will buy back shares this year. Raytheon.....»»
Square"s Cash App Will Now Let Users Get Cashbacks In Bitcoin
Square Inc’s (NYSE: SQ) Cash App will allow the user of its Cash Card to earn Bitcoin for the purchases they make. What Happened: The Jack Dorsey-led company announced the addition of Bitcoin as a “Boost” on Twitter. read more.....»»
MSG Sports swings to loss as pro sports seasons suspended, while revenue falls less than expected
Madison Square Garden Sports Corp. swung to a first-quarter loss on revenue that fell 18%, but topped expectations, as the COVID-19 pandemic led to the suspension of the professional basketball and hockey seasons. The parent of the New York Kn.....»»
AcuityAds Reports First Quarter 2020 Financial Results
Generated $24.2 million in Revenue, $1.8 million in Adjusted EBITDA, Net Income of $0.2 million and Positive Cash Flow TORONTO and NEW YORK, May 7, 2020 /CNW/ - AcuityAds Holdings Inc. (TSX:AT) (OTCQX:ACUIF) ("Acu.....»»
Square Gets Squeezed After Q1 Results
After markets closed Wednesday, Square reported a net loss of $0.02 per share and $1.38 billion in revenue for its third fiscal quarter. Consensus estimates called for $0.13 in earnings per share and........»»
BNP warns of 2020 profit fall as crisis wipes out equity trading
BNP Paribas set aside more than half a billion euros in loan provisions on Tuesday as the coronavirus crisis wiped out the French bank's revenue from equity derivatives trading and knocked a third off its first quarter profit......»»
BNP Paribas says revenue resilient despite equity trading hit
BNP Paribas' profit fell by a third in the first quarter, as the coronavirus crisis hit equity trading and prompted the euro zone's biggest bank to set aside more than half a billion euros in loan provisions......»»
Kelly® Reports First Quarter Earnings
Financial Highlights Q1 revenue down 8.8%; 2.7% of the decline due to estimated impact of COVID-19 crisis Q1 operating earnings decline on $147.7 million non-cash goodwill impairment charge, .....»»
Amazon expects to plow $4B second-quarter profit into improving safety, delivery and wages
Increased demand for groceries and products drove Amazon revenue higher than expected. But costs of hiring and improved.....»»
PharmaCielo Announces Financial Results for the Fourth Quarter and Fiscal Year Ended December 31, 2019
PharmaCielo generated a record $657,000 in revenue during Q4. Generated revenue of $786,901 in fiscal 2019. $13.7 million in cash and cash equivalents at December 31, 2019; Subsequent to th.....»»
GE warns of more pain as pandemic deals $1B cash hit
General Electric said Wednesday the coronavirus pandemic dealt a $1 billion blow to cash flow at its industrial business in the first quarter, while total revenue fell almost 8% and the company warned the damage would worsen in the next three months......»»
GE warns of more pain as pandemic deals $1B cash hit
General Electric said Wednesday the coronavirus pandemic dealt a $1 billion blow to cash flow at its industrial business in the first quarter, while total revenue fell almost 8% and the company warned the damage would worsen in the next three months......»»
GE revenue falls 7.6% as coronavirus crisis takes toll
General Electric Co reported a 7.6% drop in first-quarter revenue, hurt by weakness in its aviation and power units due to the coronavirus pandemic, and fell short of its own free cash flow targets for the quarter......»»
Apergy Reports First Quarter 2020 Results
 Revenue of $261.4 million in Q1-20, up 6% sequentially GAAP net loss attributable to Apergy of $659.5 million in Q1-20, which includes a non-cash pre-tax charge of $682.8 million related to the impairment of goodwill and long-lived asset.....»»
Coca-Cola sees sales hit from lockdowns
Coca-Cola forecast a hit to current-quarter results Tuesday as restaurants, theaters and other venues that make up about half of its revenue remain closed because of the pandemic. Fred Katayama reports......»»
Coronavirus lockdowns to hurt Coca-Cola"s second quarter sales
Coca-Cola Co said on Tuesday its expected current-quarter results to take a hit as restaurants, theaters and other venues that represent about half of the company's revenue remain closed because of the coronavirus pandemic......»»
Coca-Cola sees second-quarter sales hit from coronavirus lockdown
Coca-Cola Co on Tuesday forecast a hit to current-quarter results as restaurants, theaters and other venues that represent about half of the company's revenue remain closed because of the coronavirus pandemic......»»