Bill.com Stock Plummets as Revenue Growth Slows

Text size Bill.com’s financial forecasts point to slower revenue growth than in the past. Dreamstime Bill.com’s stock lost nearly a third of its value even though the bill-payment automation com...

MoneyGram’s Digital Revenue Reaches Record High in Q1 2022

MoneyGram International, one of the leading global financial services providers, yesterday reported its financial results for the quarter ended 31 March 2022. During Q1 2022, the company’s digital rev...

Elon Musk pitch deck for Twitter promises to nearly triple ad revenue, create $10 billion subscription business: report

Elon Musk is telling potential investors in his deal for Twitter Inc. that he will seek to triple the company’s ad revenue and create a $10 billion-a-year subscription business within six years, accor...

Nvidia Settles SEC Charges Over Misrepresentation of Revenue from Crypto Miners

Alex Dovbnya Leading GPU maker Nvidia has reached a $5.5 million settlement with the U.S. Securities and Exchange Commission Nvidia, the top graphics card maker in the world, has settled charges with ...

TeraFXUK’s 2021 Revenue Rises 274%, Seeking Polish License

Tera Europe Limited, which operates under the tradename TeraFXUK, published its financials for the year 2021, which ended on December 31, reporting an almost 274 percent increase in its annual turnove...

NJ Online Casino Revenue Predicted to Keep Rising in 2022

According to reports by the New Jersey Office of the Attorney General, the total gaming revenue from racetracks, casinos, and their partners hit $404.1 million in December. It was a significant increm...

Global Processing Services Selects Simon Stanford as Chief Revenue Officer

Global Processing Services (GPS), a prominent international payment technology platform, today announced that it has expanded its team with the appointment of Simon Stanford as Chief Revenue Officer. ...

ICE Pays $689m to Shareholders as Q1 Net Revenue Grows by 6%

Intercontinental Exchange (ICE), a prominent operator of global exchanges and clearinghouses, says it has returned $689 million to its shareholders through dividends and stock repurchases. This is eve...

Sucden Financial Posts 1,025% Jump in 2021 Profits as Revenue Recovers

FCA-regulated Sucden Financial published its financials for 2021, reporting a sharp 29.4 percent rise in its annual net revenue of the year. The figure came in at £69.8 million, increasing from last y...

Uber Reports High Q1 2022 Revenue Growth but Came Down with Loss

Uber recorded as much as a $5.9 billion equity loss that can be attributed to its equity investments. American ride-hailing giant, Uber Technologies Inc (NYSE: UBER) has released its Q1 2022 financial...

HCYM (UK) Ends 2021 with Solid Profits despite Marginal Revenue Drop

HCYM Capital Markets (UK) Limited, the British entity of the larger Henyep Group, published its annual financials for 2021, which ended on December 31. The broker reported an impressive profit of £196...

StoneX Sees 32% Jump in Q2 FX/CFDs Revenue, GAIN Pushes Retail Demand

StoneX Group (Nasdaq: SNEX), a financial services provider and owner of GAIN Capital, reported a 46 percent yearly jump in its total revenue between January and March, which is its second quarter of f...

MicroStrategy’s Revenue Plummets Amid Bitcoin’s Weak Performance

MicroStrategy Inc., the largest public holder of Bitcoin, recorded a decline in revenue in Q1 2022 largely on the back of crypto market weakness.  MicroStrategy recorded $170.1 million in Bitcoin impa...

Twilio’s stock reacts wildly after company issues cautious revenue guidance

Twilio Inc.’s stock wildly fluctuated in frenzied trading Wednesday after the company issued cautious revenue guidance on better-than-expected results. Shares of Twilio TWLO, +5.50% initially plunged ...

TikTok Will Share Ad Revenue With Some Creators

Topline TikTok said Wednesday it will start sharing ad revenue with some popular creators, as the social media company announced a new program for advertisers to run ads alongside top videos on the ap...

Ethereum Miner Revenue Soars to a Single Day All-Time High of 95K ETH

Ethereum miner revenue has soared to a single-day all-time high of 95,000 ETH helped by a recent surge in decentralized finance (DeFi) activity. The income of miners has spiked noticeably in the past ...

Pfizer revenue growth soars 77% as PFE beats earnings estimates by almost $1 billion

On May 3, Pfizer (NYSE: PFE) posted a blowout quarter, with revenue growth of 77% year-on-year (YoY) and earnings per share (EPS) growth of 70.53%. Further, the company reaffirmed its full-year 2022 f...

Compagnie Financière Tradition Posts Q1 Growth, Gaitame Revenue Jumps 8.5%

Compagnie Financière Tradition (CFT), a Swiss interdealer broker and operator of a Japanese retail broking giant, reported consolidated revenue of CHF 247.7 million for the first quarter of 2021. The ...

Broadridge Records ‘Strong Quarter’ as Revenue Jumps by 10%

Broadridge Financial Solutions, the US-headquartered fintech company that delivers technology-driven solutions to banks, broker-dealers, asset and wealth managers and public companies, has released it...

Coinshares Sees Decline in Q1 Revenue, EBITDA Slides 45%

Coinshares, which is a digital asset investment firm, released its quarterly financials for the first three months of 2022, reporting a pullback in its financials. The total revenue of the firm betwee...

ON Semiconductor Gets Backed by Auto Demand. Stock Rises on Record Revenue.

Text size ON Semiconductor said it expects automotive and industrial customers to account for an increasing share of revenue. Photograph by Adi Goldstein  ON Semiconductor delivered record revenue for...

China Social Media Bilibili Trims Revenue Forecast, Gets A Bump In Users Amid Lockdowns

Rui Chen, the billionaire chairman and chief executive officer of Bilibili, speaks during the … [+] company’s initial public offering (IPO) at the Nasdaq back in 2018. Photographer: Michae...

MetaBlaze to Reinvest NFT Revenue to Create More Value for NFT Owners: Launches MetaGoblin NFT Presale on May 8th

– Advertisement – When it comes to building strong, engaged communities, the MetaBlaze team is at the top of their game and it’s a breath of fresh air. They have shown an incredible commit...

ETH Network Q1 Revenue Grew 46% to $2.4 Billion, Token Inflation Rate Drops to 0.51% – Markets and Prices Bitcoin News

The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network’s revenues were non-fungible toke...

Meta’s Revenue Might Have Surged In Recent Q1 Report But Things Are Thick For Its Metaverse ⋆ ZyCrypto

Advertisement &nbsp &nbsp For the second time since its rebrand, Meta posted its Q1 earnings Wednesday, eliciting mixed reactions from investors. But first, the company record...

Opensea Set To Knock Out Ethereum’s $87 Million NFT Revenue

Per data from Token Terminal, OpenSea generated almost as much revenue from transaction fees as the Ethereum blockchain during the period. Even more impressive is the fact that OpenSea achieved the fe...

Robinhood Net Revenue Slided 43% With Crypto Trading Down 39%

The millennial-focused exchange Robinhood has experienced a sharp decline in trading activities for Q1 2022, according to the company’s latest financial report. The broader crypto market remaining bea...

Robinhood Records “Revenue Depletion, Fewer Active Users in Q1, 2022”; Will SHIB Listing Help?

In its most recent quarterly report, Robinhood reports a decline in revenue and active users. Monthly active users fell to 15.9 million, down from 17.7 million a year ago and 17.3 million the prior qu...

Robinhood makes significant strides in crypto business in Q1 despite falling revenue

On April 28, discount-brokerage platform Robinhood published its financial results for the first quarter of 2022. Year-over-year, the firm’s net revenue declined by 43% to $299 million. Specific...

Robinhood’s Crypto Revenue Rises in Q1 Despite Overall Downturn

In brief Robinhood reported net revenues of $299 million for Q1 2022, including $54 million for its crypto business. The firm announced on Tuesday that it would lay off 9% of its employees due to slow...

RobinHood’s Crypto Revenue Slumps 39%, Cautious Traders To Blame?

Trading app Robinhood said on Thursday revenue from its crypto trading unit slumped 39% in the first quarter, as volatile markets kept traders at bay. Revenue from the app’s crypto division came in at...

Ethereum Network Revenue Surges Year-on-Year but Falls This Quarter

Ethereum network revenue from gas fees plunged 44% in the first quarter of this year compared to Q4 2021, with around $2.1 billion worth of ETH tokens burned. But year-over-year performance told anoth...