Advertisement     A recent report by financial-services consultancy Opimas has shown that the total revenue generated by cryptocurrency exchanges in 2021 outpaced trad...
Tag: revenue
Yankees Hit $6 Billion As New CBA Creates New Revenue Streams
MLB is introducing ads on uniforms and expanding its postseason, helping drive up the average value of its teams to a record $2.07 billion. BY MIKE OZANIAN AND JUSTIN TEITELBAUM Major League Baseball ...
ADBE Stock Down 9% despite Record Revenue in Q1 2022, Adobe Blames War in Ukraine
For Q1 of the fiscal year 2022, Adobe reported revenue of 4.26 billion. The figure represented a growth of 9% year over year. Adobe Inc (NASDAQ: ADBE) stock slipped over 9% on Wednesday to close the d...
Playtech Sees 12% Jump in 2021 Revenue, Profit Soars
Playtech (LON: PTEC) released on Thursday its annual financials for the year 2021, reporting a 12 percent jump in its revenue to €1.2 billion. Other key financial metrics also came in solid for the pe...
Bitcoin Miner Mawson Infrastructure Group Reports 80% Q4 Revenue Jump from Q3
Mawson Group made Australia’s first Bitcoin mining operational last year and is taking measures to further scale the business this year. On Monday, March 21, Mawson Infrastructure Group – the popular ...
ATC Brokers Hires Malik Khan as Chief Revenue Officer
ATC Brokers, a forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting ...
UP Fintech Turns Losses in Q4 despite 32% Revenue Jump
UP Fintech (Nasdaq: TIGR), which operates the broker brand TigerBrokers, reported a 31.7 percent year-over-year jump in fourth-quarter revenue that touched $62.2 million. It also came in higher from t...
Hut 8 Achieves Record High Annual Revenue of $173.8m
A prominent Canadian cryptocurrency mining company, Hut 8 achieves a record high annual revenue of $173.8 million. Bitcoin holdings will increase by 100% to 5,518 by the end of 2021, with a market cap...
Compagnie Financiere Tradition Sees 2.5% Drop in 2021 Adjusted Revenue
Compagnie Financiere Tradition (CFT), a Swiss interdealer broker and operator of a Japanese retail broking giant, Gaitame, has published its consolidated financials for 2021, reporting a 2.5 percent d...
Crypto miner Hut 8 posts record revenue as BTC holdings surge 100%
Canadian cryptocurrency miner Hut 8 posted mixed financial results on Thursday, as revenue and mining profitability soared while overall net income declined — underscoring a volatile end to the year f...
Hut 8 Posts Revenue of $173.8 Million in 2021
The Nasdaq-listed digital asset mining company, Hut 8 announced its financial numbers for 2021 today. The company published record revenue as the figure reached $173.8 million (CAD). The number includ...
UFC Posts Best Financial Year In Company History
Dana White, UFC President, stands between Conor McGregor, right, and Dustin Poirier during a … [+] ceremonial weigh-in for a UFC 264 mixed martial arts bout Friday, July 9, 2021, in Las Vegas. T...
IG Group’s Q3 FY22 Revenue Jumps 13%, Active Clients Hit Record
IG Group Holdings plc (LON: IGG) on Wednesday reported a 13 percent jump in its revenue between December and February, which is the third quarter of the financial year for the company. The broker gene...
TP ICAP Sees 81% Drop in 2021 Profits, Revenue Rises Marginally
TP ICAP, the world’s biggest inter-deal broker, published its annual financials for 2021, reporting a more than 81 percent drop in its profits for the 12 months. It generated £24 million as pre-tax pr...
Digital Assets Can Boost Revenue Streams for Sports Teams, PwC Says
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Cash-rich states are slashing taxes amid revenue windfalls
Anchiy | E+ | Getty Images And this year, at least a dozen states have made cuts or are eyeing reductions, including both temporary and permanent measures, according to the Tax Foundation. While the...
Asana reports Q4 2022 YoY revenue growth of 64%; shares dip 25%
Asana Inc. (NYSE: ASAN) is down 25% after announcing its fiscal Q4 2022 financial results for the period ending January 31, 2022. CEO and co-founder Dustin Moskovitz stated: Are you looking for fast-n...
Chinese Broker Futu’s Q4 2021 Revenue Jumps 35%, Net Profit Slips
Futu (Nasdaq: FUTU), which is known for providing Chinese traders access to US and Hong Kong stock markets, released its unaudited fourth-quarter financials, reporting a revenue increase of 35.1 perce...
Oracle reports its ‘highest quarterly organic revenue growth rate’
Oracle Corporation (NYSE: ORCL) shares slid 5.0% initially in extended trading on disappointing Q3 earnings. The stock, however, recovered entirely later on as the management’s outlook was in li...
DOCU Stock Tumbles As Fiscal 2023 Revenue Guidance Misses Estimates
DocuSign stock plunged after its January-quarter earnings met estimates and revenue topped views, but fiscal 2023 guidance for DOCU stock came in well below expectations. DocuSign stock tumbled 13.7% ...
FuelCell stock sinks after wider-than-expected loss, while revenue more than doubles to top forecasts
Shares of FuelCell Energy Inc. FCEL, +0.16% sank 9.0% in premarket trading Thursday, after the maker of fuel cells for clean electric power generation reported a wider-than-expected fiscal first-quart...
JD.com Stock Falls After Earnings Top Estimates but Revenue Growth Slows
Text size A JD.com distribution center in Beijing. Greg Baker/AFP via Getty Images Shares of JD.com fell in premarket trading Thursday after the Chinese e-commerce giant reported fourth-quarter earnin...
SIX Sees 83% Decline in 2021 Profits, Revenue Rises
SIX Swiss Exchange released its consolidated financials for 2021, reporting an annual net profit of CHF 73.5 million (around $79.2 million), which is a decline of 83.2 percent from the prior year. How...
Oatly stock jumps after revenue beats expectations
Oatly Group AB OTLY, +0.35% shares jumped 8% in Wednesday premarket trading after it reported fourth-quarter revenue that beat expectations. The oat milk maker posted a net loss of $79.8 million, or 1...
Indian Government May Lose out on Tax Revenue Ahead of New Rules
Industry players have found problems with India’s tax rules just days before the proposals take effect. Nischal Shetty, of India-based exchange WazirX, recently took Twitter to explain how 1% tax dedu...
NAGA Group Launches NAGAX Crypto Exchange, Prints Monthly Revenue Record
Vladislav Sopov New centralized crypto exchange NAGAX goes live with 50+ cryptos available for trading Contents NAGAX cryptocurrency platform launched by NAGA Group Brokerage revenues spike to new hig...
Lego revenue jumped 27% in 2021, as kids and adults continue to build
A customer reaches for a box from the Lego Dots range at the Lego A/S store in London, U.K., on Monday, March 7, 2022. Bloomberg | Getty Images Sales of Lego building kits continued to soar in 2021, a...
CIEN Stock Falls As Earnings Top Views But Revenue Misses
Ciena (CIEN) on Monday reported January-quarter profit that topped estimates while revenue missed Wall Street targets. CIEN stock edged up as management said it expects revenue growth to pick up in th...
Internal Revenue Service Moves to Dismiss Lawsuit by Tezos Stakers Who Refused Refund
The Internal Revenue Service argues Joshua and Jessica Jarrett had no right to refuse the refund of almost $4,000 Experts claim that this amount was paid and therefore the case should be dropped Joshu...