Bitcoin miners saw a further decline in mining profitability in February as Ethereum miners saw a 17% increase in revenue over miners of the digital gold. February proved to be a difficult month for ...
Tag: revenue
Gap (GPS) reports Q4 2021 narrower losses, projects revenue decline
Sale signs are on display in the windows of a Gap retail location. Scott Mlyn | CNBC Gap Inc. shares climbed in after-hours trading Thursday after the apparel retailer offered an upbeat forecast for i...
Snowflake Stock Falls as Software Tweak Hits Revenue. Analysts Remain Bullish.
Text size Snowflakes made a tweak to its software that allows customers to do more with less resources. That hit revenue because customers pay only for the amount of computing time they use. Dreamstim...
Darwinex Posts Growth in Revenue, Decline in Profits
Darinex (also known as Tradeslide) released its financial report for 2021 (up to June). Darwinex saw a sharp drop in its profits from 470,000 euros in in 2020 to 225,000 euros in 2021. The company’s p...
Flywire’s Revenue Climbs 53% in FY 2021
Nasdaq-listed global payments and software firm, Flywire recently announced its preliminary and unaudited financial results for Q4 and FY 2021. With a surge in demand for its services, the company wit...
Fashionphile Bags Nearly $500 Million In Revenue As Post-Pandemic Inflation Further Fuels The Luxury Resale Market
Reimagining ‘Recommerce’: Fashionphile’s headquarters in Carlsbad, California. Fashionphile After graduating law school in 1999, Sarah Davis started a modest eBay store called Fashio...
Projecting revenue is challenging, so we prefer to give conservative guidance
Snowflake CEO Frank Slootman told CNBC’s Jim Cramer on Wednesday the company prefers to give conservative guidance, saying the way it recognizes revenue creates a considerable amount of uncertai...
C3.ai increases full-year revenue outlook, but stock dips
Shares of C3.ai Inc. were headed lower in after-hours trading Wednesday, though the maker of artificial-intelligence software reported better-than-expected revenue and earnings results and raised its ...
Bitcoin miners brought in just over $1 billion in revenue during February
advertisement Bitcoin miners brought in $1.06 billion in revenues during February 2022, according to data compiled by The Block Research. Most of these revenues came from the block subsidy ($1.05 bill...
Bitcoin miners have generated revenue of over $1 billion in February
Recent reports revealed the data about the total income of bitcoin miners generated in February month by bitcoin mining Research by The Block Research came out on 1st March consisted of the details of...
SNOW Stock Plunges On Fiscal 2023 Revenue Growth Guidance
Snowflake earnings on Wednesday showed a narrower-than-expected loss for the January quarter while revenue topped estimates. But the company’s fiscal 2023 revenue forecast merely edged by expect...
CRM Stock Climbs As Earnings, Revenue Top Estimates
Salesforce stock climbed Tuesday after January-quarter earnings fell from a year earlier but topped views, while revenue beat analyst estimates. The enterprise software maker’s revenue guidance ...
Jeep maker Stellantis aims to double revenue by 2030
Chris Feuell, CEO of Chrysler brand of Stellantis, introduces the all-electric Chrysler Airflow Concept vehicle during a Stellantis press event at CES 2022 at the Las Vegas Convention Center on Januar...
German Broker flatexDEGIRO Posts 60% Rise in 2021 Revenue
flatexDEGIRO (ETR: FTK), a German retail online broker, published its financials for 2021, reporting a solid jump across all key financial metrics. The yearly revenue of the company jumped by 60 perce...
Plus500 Revenue Falls Following the Pandemic Last Year
The pandemic has not been kind to businesses across the world. Many small-scale startups both in crypto and mainstream industries have gone out of business, and established firms have faced a signific...
Thailand’s Central Retail Says Revenue Hit $6 Billion Last Year Despite Prolonged Pandemic
Central Group is led by Tos Chirathivat, grandson of the group’s founder. Charlesworth/LightRocket via Getty Images Thailand’s largest retailer released quarterly results that show it’s well on ...
Admirals Sees 43% Decline in 2021 Revenue, Active Clients Improve
Estonia-based Admirals Group AS (formerly Admiral Markets Group), which operates FX and CFDs broker brand Admirals, reported a 43 percent decline in its annual revenue for 2021 as the impact of the Co...
Novavax’s Revenue Falls Short. Management Expects a Surge.
Text size A doctor handles a vial holding a potential coronavirus vaccine at a Novavax lab in 2020. Andrew Caballero-Reynolds/AFP via Getty Images The Covid-19 vaccine maker Novavax expects sales of b...
Plus500 Revenue Declined in 2021, CEO Said New Products May Be Launched
The Plus500 audited annual financial report for 2021 reveals that the forex broker Forex Broker In the forex space, a broker is any company that can provide traders with access to a platform that pe...
Using Regulatory Reporting to Improve Your Business Processes and Revenue
Often firms view complying with regulation as solely an obligation to avoid penalties and fines. However, have you considered how compliance can not only improve your business processes but add to you...
Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124% – Exchanges Bitcoin News
Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous yea...
Here’s why calculating Coinbase’s revenue is trickier than just looking at public volumes
Coinbase caught many observers by surprise on Thursday when it revealed that it had exceeded Wall Street’s expectations for fourth-quarter revenue by nearly $500 million — a sound beat by most ...
Coinbase Beats Q4 Estimations, Doubles Revenue
Coinbase Global Inc (Nasdaq: COIN) has generated $2.5 billion in revenue in the fourth quarter of 2021. It was a substantial gain from the previous quarter’s $1.2 billion and also exceeded analyst est...
Coinbase made $2.2 billion in revenue from transaction fees in Q4
Coinbase’s Q4 financial report vastly exceeded market expectations Thursday, after the firm posted $2.5 billion in net revenue for the quarter, beating analyst predictions by 27%. FactSet consensus h...
Block’s Bitcoin Revenue From Cash App Hit Nearly $2 Billion in Q4
In brief Bitcoin revenue is up from the same quarter last year, as are profits. The company hasn’t mentioned any plans to expand to other cryptocurrencies. Cash App—the popular mobile payment se...
Coinbase Says Revenue Tops Estimate, Cautions on Trading Volume
(Bloomberg) — Coinbase Global Inc. shares slumped about 3% in post-market trading after the biggest U.S. cryptocurrency exchange cautioned that trading volume will decline in the first quarter. ...
Coinbase earned $2.5 billion in net revenue during 2021’s fourth quarter
Crypto exchange Coinbase said it earned $2.5 billion in net revenue during Q4 of 2021 in a Thursday earnings release. Among the other key metrics released: $840 million net income, $1.2 billion in adj...
Block reports $1.96 billion in bitcoin revenue via Cash App during fourth quarter of 2021
Quick Take Payments company Block, formerly known as Square, said Thursday that it made $1.96 billion in bitcoin revenue during the fourth quarter of 2021 via its Cash App, producing $46 million in gr...
Coinbase Posts Record Revenue, User Numbers in Q4 Earnings Surprise
In brief Coinbase blew away expected revenue figures The company posted record user numbers, reversing an earlier decline Coinbase also showed signs it is diversifying its revenue base Coinbase defied...
Shares of EV start-up Nikola surge on earnings beat, revenue in 2022
San Pedro, CA – December 17: The first two zero-emissions electric trucks, from an order of 100 vehicles, delivered from the Nikola Corporation to Total Transportation Services at the Port of Lo...