Trulieve Cannabis Corp. TCNNF, +2.09% edged past Curaleaf Holdings Inc. CURLF, +0.16% to be the top revenue generator among U.S. cannabis companies in the first quarter with $318.3 million in revenue,...
Tag: revenue
Bitcoin daily mining revenue slumped in May to eleven-month low
Bitcoin (BTC) mining revenue and profitability have continued to slide along with the asset’s price this year as the crypto winter deepens. May has been one of the worst months for Bitcoin miners in t...
Optimism Revenue Outperforms Layer 1 Networks Following Launch of OP Token
Arman Shirinyan Layer 2s are already becoming bigger than some alternative networks Alternative L1 networks are already generating less fees than Ethereum’s L2 networks like Optmism or Arbitrum....
Bitcoin and Ethereum Mining Revenue Crashes to New Lows in 2022
Bitcoin and Ethereum miners saw a steep decline in revenue during the month of May as prices of both cryptocurrencies fell to new local lows. May proved to be one of the worst months for Bitcoin mine...
This Is Why Bitcoin And Ethereum Mining Revenue Has Crashed
The miners of Bitcoin and Ethereum have suffered a significant drop in revenue in May. The reason being, the values of both Bitcoin & Ethereum prices plunging to new lows in their respective marke...
SentinelOne Stock Dips Even After Earnings, Revenue Top Views
SentinelOne stock dipped on Wednesday even though the cybersecurity firm reported a smaller-than-expected loss in its April-quarter earnings, and revenue topped Wall Street targets. X Mountain View, C...
Crypto Deals Drove NBA Sponsorship Revenue to Record High
The said figure represents a 13% increase from the $1.4 billion the league recorded in the 2020-21 season. Crypto deals with several cryptocurrency companies helped push the NBA’s sponsorship revenue ...
Crypto Deals Boost NBA Sponsorship Revenue to $1.6B for 2021/2022 Season
Crypto deals helped the National Basketball Association (NBA) to reach an all-time high revenue of $1.6 billion in sponsorships for the 2021/2022 season, CNBC reported Wednesday. NBA Revenue Hits ATH ...
Foreign exchange pushed Salesforce to lower revenue guidance
Salesforce co-founder and co-CEO Marc Benioff told CNBC’s Jim Cramer on Tuesday that the rising value of the dollar played a part in the software company lowering revenue guidance in its latest ...
BIGG Digital Assets Inc.Releases Q1 Result, Revenue Hits up to $2.5m
Canada-based cryptocurrency company BIGG Digital Assets Inc. announced its financial results for the first quarter of 2022, with total quarterly revenue of $2.5 million. In the quarter income, its su...
Tips to claim tax losses with the US Internal Revenue Service
Crypto volatility is nerve-wracking, and it may not be over yet. The turmoil may make crypto investors and crypto-related businesses less enthusiastic than when prices seemed ever to be climbing. With...
BIT Mining reports 40% dip in revenue during Q1 2022
BIT Mining reported a 40.4% dip in revenue, totaling $296.7 million, in Q1 2022 compared to the previous three months. The publicly traded Chinese company also saw a net income of $1.2 million, compar...
BIT Mining reports 40% dip in revenue
BIT Mining revenue totaled $296.7 million in Q1 An increase in net income was moved by a decrease in expenses During the first quarter BIT Mining produced 166 BTC Bitcoin mining organizations finished...
DICK’s Sporting Goods tops Q1 2022 earnings and revenue estimates
DICK’s Sporting Goods Inc. (NYSE: DKS) has announced its Q1 2022 financial results and issued full-year 2022 revenue and earnings guidance. It topped its earnings and revenue estimates but slashed its...
Alibaba, Tencent and JD.com post slowest revenue growth on record
Alibaba, whose headquarters are pictured here on May 26, said its online physical goods GMV in China, excluding unpaid orders, fell further in April, with a “low teens” decline from a year...
Billionaire Kwek Leng Beng’s CDL Sees Hotel Bookings, Revenue Rise As Pandemic Restrictions Ease
Kwek Leng Beng, chairman of City Developments Ltd., left, speaks as Sherman Kwek, group CEO, looks … [+] on during a press conference in Singapore, on August 11, 2017. Nicky Loh/Bloomberg City D...
Micron CEO: ‘FY 22 will be a record revenue year for Micron’
Micron Technology Inc (NASDAQ: MU) has taken a 30% hit to its stock price this year but CEO Sanjay Mehrotra says the long-term fundamentals of the company remain strong. CEO’s remarks on CNBC Me...
Snap Falls After Cutting Revenue Forecast, Slowing Hiring
(Bloomberg) — Snap Inc. cut its revenue and profit forecasts below the low end of its previous guidance, sending shares plunging as much as 31% and pushing other social media stocks down. Most R...
Looking For A New Revenue Stream? Take This Shortcut
When else — alternative times, different days, unexpected occasions — could people utilize your … [+] product or service? Shutterstock The Impossible Burger has become a household name (and a So...
What made the revenue stream, Ethereum Name Service, to hit a record high this month?
The massive spike for such a protocol to hit a record of revenue generation of $1 million in a single day Initially the nascent projects need to create their own utilities and niches to establish them...
Did Ethereum Name Service [ENS] revenue stream hit a record high in May
Non-mainstream projects, more often than not, take their own time to create a niche and establish themselves. Then, it just becomes a matter of time for their name and fame to heighten. Ethereum Name ...
Space industry is on its way to $1 trillion in revenue by 2040: Citi
A Falcon 9 rocket carries 49 Starlink satellites toward orbit on Feb. 3, 2022. SpaceX The space industry should reach $1 trillion in annual revenue by 2040, with launch costs dropping 95%, Citigroup a...
Coinbase is launching an initiative to slash spending and grow revenue: The Information
After publicly announcing plans to slow hiring, tough market conditions have pushed crypto exchange Coinbase to look for ways to slash spending, according to emails obtained by The Information. Coinba...
Canada Goose Reaches Revenue Milestone In 2022 And Sees Momentum Growing For 2023
“Our brand relevance and pricing power enable us to move with confidence in pursuit of the … [+] tremendous growth opportunities in front of us.” said Canada Goose CEO Dani Reiss. getty For the ...
Jack Dorsey’s Block hits $1.3B in Q1 profits, $43M in BTC trading revenue
Block, the pro-Bitcoin (BTC) umbrella company that hosts Cash App, Square and Afterpay, continues its growth in 2022. According to its Shareholder letter, in the first quarter of 2022, gross profits a...
(Rejected) Brazilian Digital Bank Neon Triples Annual Revenue in 2021 as Demands Stays Strong
Brazilian digital bank Neon announced on Thursday that its revenues grew 3x in 2021. Neon stated that it expects to see its revenue rise more than double this year. The digital bank further disclosed ...
Cisco (CSCO) Stock Tanks Following Company’s Forecast of Significant Revenue Decline
According to the company, Covid-19 lockdowns in China and the war between Russia and Ukraine have been the key factors that affected its financial results. Cisco Systems Inc (NASDAQ: CSCO), an America...
Endeavor CEO On Future UFC Rights Bidders: ‘I’m Smiling’
LAS VEGAS, NEVADA – MARCH 01: (L-R) Dana White, Frank Fertitta III, Lorenzo Fertitta and Ari … [+] Emanuel attend the The Empathy Suite designed by Damien Hirst unveiling at Palms Casino R...
BlackBerry targets revenue of more than $1 billion by 2027
BlackBerry Ltd. BB, -1.19% late Wednesday projected annual revenue growth of 13% through fiscal 2027, hoping to be “approaching” breakeven adjusted per-share earnings in fiscal 2024. It an...
Tencent Profit Plunges 51% Amid China Covid Surge, Revenue Flat
Signage for Tencent Holdings atop an entrance to an office building in Shanghai last month. … [+] Photographer: Qilai Shen/Bloomberg © 2022 Bloomberg Finance LP China Internet heavyweight Tencen...
Analog Devices tops fiscal Q2 2022 earnings and revenue estimates
Analog Devices (NASDAQ: ADI) has announced its fiscal Q2 2022 financial results for the quarter ending April 30, 2022. The company reported revenue of $2.97 billion, beating consensus estimates of $2....