Shares of Raytheon Technologies Corp. RTX, +1.04% dropped 4.1% in premarket trading Tuesday, after the aerospace and defense company reported fourth-quarter profit that beat expectations but revenue t...
Tag: revenue
There are now multiple revenue streams for Collectors
NFT Merch: There are now multiple revenue streams available to NFT owners. Not only are they cashing in on rising prices (which also fall), but there are also other income opportunities: merchandise. ...
Football Clubs Look To Mine Cash Revenue With Crypto Offerings
Football finance specialist Kieran Maguire believes clubs have latched on to crypto because earnings from their other sources are starting to level off after consistently rising for decades. Sports fr...
Subscriber growth and revenue remain in focus
As earnings season ramps up, Netflix (NFLX) kicked the reporting period off for big tech when it unveiled its fourth quarter results after the bell on Thursday. The stock was down 11.82% in late trad...
Banking Giant BNY Mellon Expects Significant Revenue From Its Crypto Services: Report
America’s oldest bank is eager to capitalize on the cryptocurrency revolution but remains concerned that the government still has not provided regulatory clarity. According to a new Bloomberg report, ...
American Airlines (AAL) revenue grew in fourth quarter, posts narrower loss
American Airlines posted its highest revenue of the pandemic during the fourth quarter as bookings rose, but it still reported a loss, as the spread of the omicron variant hurt bookings. “Over t...
Crypto Could Contribute to BNY Mellon’s Revenue in 2023, Says CEO
According to BNY Mellon’s Chief Executive Officer – Emily Portney – digital assets could create a significant source of revenue starting from next year for the financial institution. America’s Oldest ...
Alpha FX Expects to Generate over £77 Million as 2021 Revenue
London-listed Alpha FX Group plc (LON: AFX) is expecting revenue of more than £77 million for 2021, which is a yearly increase of 67 percent, the company announced in a trading update on Wednesday. In...
Bosonic Appoints Jason Nabi as Its Chief Revenue Officer
Bosonic, a California-based crypto company, has announced the appointment of Jason Nabi as the company’s Chief Revenue Officer. This is a new job position that Bosonic has created recently. The appoin...
Boku Estimates 22% Jump in 2021 Revenue
Boku, a global mobile payment and mobile identity company, is expecting to generate approximately $69 million in revenue in 2021, according to the latest trading update. It is an increase of 22 percen...
Interactive Brokers Posts 11% Jump in Q4 2021 Commission Revenue
Interactive Brokers (Nasdaq: IBKR) has published its quarterly financials from October 2021 to December 2021, reporting net revenue of $603 million, along with the adjusted figure at $683 million. The...
BNY Mellon Sees Meaningful Revenue In Crypto by 2023 Post Clear Regulations
Bank of New York Mellon is optimistic about a meaningful revenue ticking from its crypto services. On Tuesday, January 18, the bank’s chief financial officer Emily Portney said that the bank is collab...
The US Internal Revenue Service is to Hunt Down Tax Evaders Who Use NFTs in 2022
Jan 18, 2022 at 12:14 // News The growing popularity of the NFT industry has caught the attention of US tax authorities. Officials expect the number of tax evasion cases involving NFTs to increase sig...
Napier Has Recruited Kevin O’Neill as Its New Chief Revenue Officer
Napier announced that it has recruited Kevin O’Neill as its new Chief Revenue Officer, effective from January 2022. Finance Magnates recently learned from a press release that Kevin O’Neill, a twenty-...
Ethereum’s network revenue surged 1,777% in 2021 as average gas fee reached $26
The previous year was undoubtedly one of major breakthroughs for the Ethereum network. Well, not just in terms of development activity but also its adoption as the industry’s top smart contracts platf...
UnitedHealth to Post Higher 4Q Earnings and Revenue; Target Price $575 in Best Case
The Minnesota-based health insurer UnitedHealth is expected to report its fourth-quarter earnings of $4.31 per share, which represents year-over-year growth of over 70% from $2.52 per share seen in th...
Ethereum’s Network Revenue Shot up by 1,777% Last Annual Year
During the release of Ethereum’s quarterly report, market insight provider Bankless noted that ETH network revenue increased by 1,777% from Q4 2020 to Q4 2021. Per the announcement: “Network Re...
crypto taxes in Italy and the US
Those who invest in cryptocurrencies are sooner or later faced with the question of how to pay their taxes. In Italy, this question is answered by the Italian Revenue Agency, while in the US it is ans...
Cornerstone Expects 75% Jump 2021 Revenue
Cornerstone FS (AIM: CSFS), a cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet ...
NAGA Group Revenue Hits €55.3 Million for Fiscal Year 2021
On January 13, NAGA Group, a German fintech social trading focused online broker, announced its 2021 financial results, indicating that the company exceeded its revenue guidance for 2021. NAGA stated ...
Newly Approved Covid Protocol And Reduced Stadium Capacity Could Further Reduce Matchday Revenue For Serie A Clubs
Giuseppe Meazza Stadium (San Siro) deserted for Serie A match Milan-Genoa after the extraordinary … [+] law decree passed by the Prime Minister Giuseppe Conte which turns the Lombardy Region and...
Philips stock tumbles toward biggest selloff since 2008 after downbeat revenue outlook
The U.S.-listed shares of Koninklijke Philips N.V. PHG, -15.53% PHIA, -15.46% plunged 15.7% toward a near two-year low in morning trading Wednesday, after the Netherlands-based medical technologies an...
Equals Sees 52% Jump in 2021 Revenue as B2B Demand Rises
Equals (AIM: EQLS) published a trading update on Wednesday for the financial year 2021, reporting an unaudited revenue of £44.1 million, an increase of 52 percent from the previous year. The numbers w...
FuboTV Boosts Revenue Projections. But the Stock Is Falling.
Text size Rafael Henrique/Dreamstime.com FuboTV Monday boosted its fourth-quarter revenue guidance, saying it expects revenue of $215 million to $220 million, higher than previous estimates. The strea...
Tilray posts narrower loss as revenue rises
Tilray Inc. shares on Monday gained back some of their losses in recent weeks after the Canadian cannabis producer posted a narrow loss and played up its prospects for European and beverage expansion....
Plus500 Expects 74% YoY Jump in Q4 2021 Revenue
Plus500 has issued a trading update on Monday, showcasing its performance expectations for the fourth quarter of 2021 and also the overall year. The company is expecting to close the yearly books with...
Uniswap Crosses $1 Billion in Revenue – Trustnodes
Uniswap has become the first decentralized app running on the ethereum blockchain to cross $1 billion in yearly revenue. The defi dapp is currently handling $1.28 billion in volumes a day, giving it a...
Ethereum’s Revenue Hit $9.9B in 2021 as ETH Emerges as the Most Searched Project
Ethereum (ETH) scaled the heights in 2021 by generating revenue to the tune of $9.9 billion, thanks to a couple of use cases on its network. The second-largest cryptocurrency also closed 2021 on a hig...
Hantec Markets Posts 36% Jump in FY20 Revenue
Hantec Markets, a UK-headquartered 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 ex...
IBM stock slips amid questions about cloud competition, revenue growth
International Business Machines Corp. shares fell Tuesday after an analyst downgraded the stock on concerns about revenue growth following Big Blue’s spinoff of Kyndryl Holdings Inc. and IBM’s ability...