London-headquartered Trading 212 published its annual financials for 2020, reporting almost a 318 percent jump in its revenue. The group company generated £124.1 million in revenue in 2020, jumping fr...
Tag: revenue
A Healthy US Bitcoin Mining Industry Could Generate Significant Tax Revenue
Theoretically, the Internal Revenue Service (IRS) could look through every transaction on every blockchain to see profits and losses in each wallet or account. From there, the IRS could figure out the...
Nukkleus Inc, Brilliant Acquisition Corp Will Merge to Form $140mln Revenue Firm
Nukkleus, Inc, a New York based fintech firm, has announced today that it has signed a merger agreement to combine with Brilliant Acquisition Corp, a China-based blank check company. The transaction i...
Moderna to Post Multi-Fold Jump in Q4 Earnings and Revenue
Moderna, the biotech company focused on drug discovery, is expected to report its fourth-quarter earnings of $8.62 per share, which represents year-over-year growth of over 1,340% from a loss of -$0.6...
10 S&P 500 companies with highest revenue exposure to Russia
The Russia-Ukraine crisis continues to impact global markets, with investor sentiment largely inclined towards risk-off investment assets. We have seen stock markets and crypto fluctuate heavily over ...
MercadoLibre Beats Revenue Estimates, Gains Market Share in Brazil
(Bloomberg) — Latin American e-commerce retailer MercadoLibre Inc. grew its revenue more than expected and gained market share in Brazil even as Asian players continue to strengthen their footpr...
Shopify Inc announces 40% revenue growth amidst losses – Key things to know
Shopify Inc. (NYSE:SHOP) released Q4 and 2021 full-year results today February 16th, 2022. The company remains in the red having reported a loss of $2.95 per share. However, the company recorded a 40%...
DraftKings Inc. revised 2022 revenue guidance to $2 billion after beating expectations. Is DKNG a good buy?
DraftKings Inc. (NASDAQ:DKNG) is often promoted among the best buys. The company’s performance in the market does not portray similar sentiments. Fundamental analysis shows various explanations for th...
Ethereum Reached 11-Digit Revenue Twice as Fast as Amazon: Data
Vladislav Sopov Ethereum (ETH) enthusiasts explained why Ether might be terribly undervalued compared to Visa and Amazon Contents Ethereum (ETH) demonstrates faster growth than Amazon, has larger TAM ...
DraftKings tops fourth-quarter revenue estimates
DraftKings (NASDAQ: DKNG) reports $473 million in revenue in the fourth quarter, more than the $445.3 million consensus estimate for the quarter. In addition, DraftKings expects full-year revenue of $...
Diversified revenue strengthens earnings for Voyager Digital
Earlier this week, Voyager Digital, a US-based crypto platform, released its full December 2021 quarter revenue of $164.8M. This is in line with the pre-released $165M estimate released on January 5th...
Nvidia crypto mining processors revenue loses footing
Crypto mining industry is continuing to expand rapidly. Following the notable passive gains being generated from such operations, the revenue of Nvidia had spiked over the past year. However, as per N...
Why Revenue Growth Fell Below Analysts’ Projections
Roku released fourth-quarter earnings, which grew slower than analysts anticipated. ASSOCIATED PRESS Streaming is the future, there’s no doubt about that. But what does that future look like? We’re st...
Nvidia Crypto Mining Processor Revenue Slumps 77% to $24M in Q4 2021
Computer chip manufacturer Nvidia has seen revenue from its dedicated crypto mining hardware slump from $105 million in Q3 2021 to just $24 million in Q4, a drop of 77%. According to Nvidia’s fi...
Third-Largest US Oil Company Eyes Potential New Revenue Stream From Bitcoin (BTC) Economy: Report
The third-largest oil company in the US is reportedly generating additional income in the Bitcoin (BTC) economy. CNBC reports that the Texas-based ConocoPhillips launched a Bitcoin pilot project in No...
PLTR Stock Falls As Palantir Earnings Miss, Revenue Outlook Edges By Estimates
Palantir Technologies (PLTR) reported December quarter earnings that missed estimates while revenue topped Wall Street targets. PLTR stock fell in premarket trade. X Denver-based Palantir’s Marc...
Nvidia Crypto Mining Chips Revenue Declines by -77%
Nvidia released its financial report for Q4 and fiscal 2022. In the gaming sector, the fourth quarter revenue reached $34.2 billion, up +37% when compared to the previous year. When compared to the pr...
Equinix Posts 11% Rise in 2021 Revenue
Equinix (Nasdaq: EQIX), a major data infrastructure provider in the financial services industry, released its financials for the fourth quarter of 2021, reporting a revenue of $1.7 billion. It was a y...
Nvidia Cryptocurrency Mining Processor Revenue Tumbles From $105M to $24M
Nvidia released its financial report for the fourth quarter of the fiscal year 2022 shows that revenue from cryptocurrency mining processors has dropped by 77%. Revenue went down to $24 million from $...
Crocs CEO: we can more than double our revenue by 2026
Crocs Inc (NASDAQ: CROX) on Wednesday reported market-beating results for its fiscal fourth quarter. Shares are still down about 5.0% on weaker-than-expected guidance for the future. Highlights of the...
Hive Blockchain Q3 Revenue Jumps Fivefold From Previous Year
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 ...
Generac Stock Rises Because It Expects ‘Exceptional Revenue Growth’ in 2022
Text size Dreamstime Shares of Generac Holdings were surging Wednesday after the generator maker’s 2022 outlook energized investors. “The company is initiating guidance for 2022 that anticipates anoth...
SHOP Stock Falls As Q4 Earnings, Revenue Top Estimates
Shopify stock tumbled Wednesday amid December-quarter earnings, revenue and gross merchandise volume that topped consensus estimates. Management said marketing investments for SHOP stock would rise in...
Shopify Stock Sinks as It Sees Revenue Slowdown in First Half of 2022
Text size Dreamstime Shopify stock was dropping Wednesday after the e-commerce software company reported fourth-quarter earnings that narrowly beat expectations, but cautioned about revenue headwinds ...
Airbnb beats Q4 estimates as revenue jumps 78%
Airbnb (ABNB) reported its Q4 earnings after the closing bell on Tuesday, beating analysts’ expectations on the top and bottom lines as revenue climbed 78% year-over-year. The positive report came des...
Bitcoin (BTC) Versus Ethereum (ETH) Mining Revenue: Who Comes Out on Top?
Bitcoin miners took a back seat in mining profitability during the month of January as ethereum miners saw a 20% increase in revenue over bitcoin miners. January proved to be a tough month for bitcoin...
Temenos Appoints Erich Gerber as President and Chief Revenue Officer
Temenos AG, a Switzerland-based company specializing in enterprise software for banks and financial services, has announced the appointment of Erich Gerber today as President and Chief Revenue Officer...
Plus500 Sees 75% Jump in Q4 2021 Revenue, Kicks Off $55M Share Buyback
Plus500 (LON: PLUS) reported its unaudited financials for the fourth quarter of 2021, reporting revenue of $161.1 million, which is 75 percent higher than the previous year. However, the broker witnes...
FXDD Parent Posts $5.1M as Q4 2021 Revenue, Losses Deepen
Nukkleus Inc, which controls FXDD Trading and FXMarkets brands, published its quarterly financials, between October and December, reporting total revenue of almost $5.13 million. It was around 6.3 per...