Interactive Brokers (Nasdaq: IBKR), an American electronic trading venue, released its financials for the first quarter of 2021, reporting a significant decline in its revenue and income. According to...
Tag: revenue
Netflix Q1 net subscribers unexpectedly decline, revenue misses expectations
Netflix (NFLX) reported an unexpected decline in first-quarter net subscribers as the company navigated an exit from Russia and an increasingly saturated North American market. Shares slumped by more ...
Silvergate Bank revenue soars in Q1 as institutional crypto trading activity falls
On Tuesday, Silvergate Bank, a crypto-fiat gateway network designed for financial institutions, announced its results for the first quarter of 2022. During this period, its revenue and net income grew...
Lockheed misses on Q1 revenue: CEO expects the hit to be temporary
Lockheed Martin Corporation (NYSE: LMT) on Tuesday said its quarterly sales came in shy of Street expectations. Profit in the fiscal Q1, however, topped estimates. Shares are down 1.50%. Notable figur...
BNY Mellon Reports $3.9 Billion in Q1 Revenue
Yesterday, BNY Mellon reported its financial results for the first quarter of 2022 (Q1 2022). The financial services provider posted a sharp decline of nearly 11% in EPS as the number reached $0.86, c...
DiDi Global Sinks on Delisting Plans and Revenue Drop
(Bloomberg) — DiDi Global Inc. tumbled Monday, after the Chinese ride-hailing giant said it’s planning to delist its U.S.-traded shares before it finds a new venue for the stock. Most Read from ...
Citigroup beats Q1 2022 revenue and earnings consensus estimates
Citigroup Inc. (NYSE: C) has announced a net income of $4.3 billion or $2.02 per share in Q1 2022, beating analyst estimates of $1.55 per share. The company had revenue of $19.2 billion which equally ...
Filecoin and Helium secure $23 million in revenue
TL;DR Breakdown Filecoin and Helium lead Messari’s Web3 Index The two protocols generated a combined 96% of protocol revenue in the index Other protocols in the index saw massive adoption Filecoin an...
TikTok Ad Revenue Set to Grow 3X, Exceeding Twitter and Snap Combined
The research showed that TikTok is about to take 2.4% of the almost $250 billion that US companies use on digital advertising. Within a short period, the video-sharing app TikTok has become the sweeth...
Plus500 Strengthens Q1 2022 Revenue by 68% QoQ
Plus500 (LON: PLUS) announced its quarterly financials for the first three months of 2021, reporting revenue of $270.9 million. It was 68 percent higher than the previous quarter and 33 percent more t...
Trading 212 UK Sees 74% Rise in 2021 Revenue, Netted £45M as Income
The UK subsidiary of Trading 212 has released its financials for 2021, ending another year with some impressive figures. According to the latest Companies House filing, the broker ended last year with...
Ethereum Miners Continue To Surpass Bitcoin Miners In Revenue
Ethereum Miners Continue To Surpass Bitcoin Miners In Revenue Ethereum miners continue to outpace bitcoin miners in terms of revenue. The second-largest cryptocurrency by market cap has now proven tha...
Ethereum (ETH) Mining Revenue Surpasses Bitcoin (BTC) Again in March 2022
Despite Bitcoin miner revenue increasing in March, Ethereum miners still came out 10% ahead in revenue over miners of the first blockchain-backed cryptocurrency. March proved to be an arduous month f...
CMC Markets Expects to Close FY22 with £280M in Revenue
CMC Markets (LON: CMCX) provided a trading update on Friday, saying that it is expecting the net revenue income for the financial year 2022 to be approximately £280 million. This figure is at the top ...
FD Technologies Expects FY22 Revenue Between £255M and £260M
FD Technologies (LON: FDP) provided a trading update on Wednesday, highlighting that it is expecting revenue and adjusted EBITDA for the financial year 2022, ending on February 28, to be in line with ...
Ethereum’s (ETH) Yearly Revenue Hits A Whopping $13.3 Billion
New data continues to support the growing adoption and popularity of the Ethereum blockchain. Per data from Token Terminal (TT), a crypto data aggregator, the Ethereum blockchain has generated approxi...
Ethereum Miners Made $1.29 Billion in Revenue in March: Data
New data shows that Ethereum miners made a total of $1.29 billion in revenue in March. Nevertheless, this is still a long way down from the all-time high registered in November last year. According to...
NCAA Bullish On Change For Women’s Basketball Tournament Revenue And Distribution
The South Carolina Gamecocks practice on the court at the Target Center in Minneapolis, Minnesota, … [+] which will host the Final Four. (Photo by Elsa/Getty Images) Getty Images One year after ...
USG UK Turns Profits in FY21, Generates £1.27 Million in Revenue
Union Standard International Group (now known as United Strategic International Limited) published the financials of its FCA-regulated UK operations for FY 2021, ending on March 31. It reported a tota...
Revenue up 800%, gross profit up 2500%
United States Bitcoin (BTC) mining firm Core Scientific has posted bullish 2021 fiscal year results compared with the year prior. Its revenue increased by 803% to $544.5 million and gross profit grew ...
Equals Group’s Revenue Climbs 52% YoY in FY21
Equals, a financial technology group focused on the SME marketplace, has recently published its financial results for the year ended 31 December 2021. For the mentioned period, Equals witnessed a subs...
Micron Q2 earnings report: ‘on track to deliver record revenue in 2022’
Shares of Micron Technology Inc (NASDAQ: MU) jumped 5.0% in extended trading after the chipmaker reported solid results for Q2 and offered upbeat guidance for the future. What Micron Q2 results tell u...
White House Expects to Raise over $10b in Revenue under New Crypto Tax Rules
On Monday, The Biden Administration released its budget plan for the fiscal year of 2023. The budget proposal, which totals $5.8 trillion with a $1.15 trillion deficit, features some hints on the admi...
President Biden eyes $5 billion revenue from crypto in 2023
The recently submitted Budget proposal for the 2023 fiscal year reveals that President Biden is looking to generate more tax revenue by adopting new crypto tax reporting rules. A US Treasury Departmen...
DMG Blockchain Solutions Quarterly Revenue Leaps $14.2m, up 639% Year-over-Year
Blockchain and cryptocurrency company DMG Blockchain Solutions announced a record revenue of $14.2 million in the first quarter of 2022, up 639% year over year. The company said thanks to the delivery...
FCA-Regulated Broker Acetop Sees 76% Drop in 2021 Revenue
London-based Acetop Financial Limited, a CFDs and spread betting broker, published its annual financials for 2021, ending on December 31, reporting a sharp decline in its revenue along with deepened l...
North Korea using hackers to raise revenue via crypto heists
North Korea has been employing hackers to finance some state operations via “crypto heists”, according to a report by cybersecurity firm Mandiant. “The country’s espionage operations are believed to b...
Southwest Airlines to Launch New Ticket Type to Boost Revenue
Southwest Airlines Co. LUV 0.35% is launching a new type of ticket with some additional perks as it looks to boost revenue and its appeal to business travelers. The new fare will rank above Southwest’...
NIO top line beats estimates, but revenue guidance misses
NIO (NIO) reported fourth quarter revenue which beat Wall Street expectations, though its first quarter revenue and delivery guidance came in below expectations. These are the results for the Chinese ...
Bitcoin Miner Revenue Grows By 7%. Here’s How Much They Made
Bitcoin miner revenue is once again on the rise. This time around, the miners have seen a significant bump in their returns from their mining activities in the space of a single week. This increase in...