Bitcoin miner Canaan reported a fall in the third-quarter results with revenue seeing a fall of 25.8% from the year-ago quarter. Non-GAAP net income for the quarter was $23.4 million, a decrease of 71...
Tag: revenue
Revenuecenter.com review – Get All Your Answers About This Online Broker – The Revenue Center review
Investing can be a nerve-wracking process at times. You have to balance risk, safety and returns all in one place. Depending on the level of risk you are willing to take will ultimately determine your...
Why A Manufacturer’s Future Is About More Than What They Make
After several tumultuous years, there’s no doubt the manufacturing industry is going through a … [+] period of reinvention. From the shopfloor to the boardroom, companies must act now to transfo...
Thanksgiving flight bookings down from 2019, but higher fares lift revenue
Chicago O’Hare International Airport. Nov. 9, 2022 Leslie Josephs | CNBC Consumers have booked fewer flights for Thanksgiving week than they did three years ago, before the Covid pandemic, accor...
Nio Q3 2022 earnings revenue loss guidance
Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle maker Nio on Thursday report...
Ebix Clocks 35% Revenue Growth In Q3 Despite Record FX Headwind
Ebix, Inc (NASDAQ: EBIX) reported third-quarter FY22 revenue growth of 35% year-on-year to $257.9 million, missing the consensus of $206.97 million. Segments: EbixCash Exchanges revenue grew 49.1% Y/Y...
Haleon PLC 3Q Organic Revenue Rose 8.1%
By Michael Susin Haleon PLC said Thursday that organic revenue for the third quarter rose, driven by increased pricing and higher volumes. The consumer-healthcare business, which was spun out of GSK P...
Telos stock plunges 69% as soft revenue guidance prompts downgrade from D.A. Davidson
Shares of cybersecurity company Telos Corp. TLS, -68.84% plummeted 69% Wednesday, after the Ashburn, Va.-based company beat third-quarter earnings estimates but cut revenue guidance for the year as it...
Record revenue, added contract wins
An Electron rocket launches from the company’s New Zealand facility on Nov. 4, 2022. Rocket Lab Rocket Lab delivered quarterly results on Wednesday that boasted record revenue, with the space co...
ITV share price forms inverted H&S as ad revenue sink
ITV (LON: ITV) share price crashed by more than 6% after the broadcaster published weak results. The stock plunged to a low of 68.66p, which was lower than this week’s high of about 73p. The shares ha...
Marathon Digital’s BTC production slumps 51% in Q3; Revenue takes further hit from falling BTC price
Bitcoin (BTC) mining company Marathon Digital Holdings’ (NASDAQ:MARA) earnings report for Q3 2022 shows that the company’s production fell 51% to 616 Bitcoins from 1,252 Bitcoins in Q3 2021. The compa...
Bitcoin Miner Riot Blockchain Posts Disappointing Quarterly Revenue
Bitcoin mining giant Riot Blockchain posted a net loss of $36.6 million. The Colorado-based company generated a revenue of $46.3 million – down by 28% from the previously estimated $54.2 million. The ...
Bitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022
The first risk, said Jefferies, is Marathon’s expectation of 3.2 EH/s to be plugged into a Compute North facility in Texas. In addition to regulatory delays, there’s the issue of Compute N...
Disney’s weak revenue and profit eclipse streaming subscriber growth
The Disney+ Marvel website home screen on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images The biggest companies in media and...
Riot Blockchain Bitcoin Mining Revenue Slashed by 25% in Q3 2022
Bitcoin mining firm Riot Blockchain Inc. has claimed losses worth more than $30 million in its Q3 financial report, Most mining firms have suffered as Bitcoin remains in the $20,000 zone. Riot Blockc...
Riot Blockchain third quarter revenue falls short of analyst estimates
Bitcoin mining company Riot Blockchain fell short in the third quarter, missing analyst targets for revenue. Riot posted a net loss of $36.6 million, or 24 cents a share, compared to $15.3 milli...
Cronos Group stock drops as revenue misses analyst estimate
Cronos Group Inc. CRON, -8.12% CRON, -9.16% shares dropped 3.6% in premarket trades on Monday after the Canadian cannabis company’s third-quarter revenue fell short of analyst estimates. Cronos ...
PLTR Stock Slips As Palantir Earnings Miss Estimates, Revenue Outlook Light
Palantir Technologies (PLTR) on Monday reported September-quarter earnings that missed views while revenue edged by Wall Street targets. PLTR stock fell as fourth-quarter revenue guidance came in belo...
Coinbase Revenue Dips By Nearly 50% Amid Crypto Winter
The crypto market continues to express more decline in the value of most assets, especially Coinbase. Also, the intense bearish trend is creating tighter conditions for almost all firms. The overall e...
DeFi Lender MakerDAO Goes TradFi and Doubles Revenue
Investing in traditional finance assets has helped increase lagging revenue for the biggest player in DeFi. MakerDAO now generates half of its revenue from real-world assets, like short-term bond ETFs...
Coinbase Revenue Down 28% as Trading Volume Sinks Amid Brutal Bear Market
Coinbase reported net revenue of $576 million for the third quarter on Thursday, down 28% from $803 million the previous quarter. Transaction revenue fell 44% compared to the second quarter as fewer u...
Elon Musk says Twitter suffered ‘massive’ revenue drop due to activist group pressure on advertisers
Elon Musk says that activist groups pressuring Twitter advertisers have caused the social media giant to see a “massive drop in revenue.” “Twitter has had a massive drop in revenue, ...
Should you buy Starbucks shares after record revenue in Q4?
Shares of Starbucks Corporation (NASDAQ: SBUX) are trading fairly up this morning after the coffee chain said its revenue climbed to a record high in the fiscal fourth quarter. Are Starbucks shares wo...
Robinhood Crypto Revenue Drops By 12%, Crypto Daily TV 4/11/2022
In Todays Headline TV CryptoDaily News: Marathon Digital mines 615 bitcoin in October. Marathon Digital Holdings mined 615 bitcoin in October, the highest monthly total in its history, showing that it...
Jack Dorsey’s Block Sees Drop in Bitcoin Revenue as Consumer Demand, Crypto Prices Slump
Block, whose chairman and co-founder is Jack Dorsey, recorded an impairment charge of $2 million on its bitcoin investment during the third quarter. As of Sept. 30, the fair value of Block’s bit...
Coinbase Released Q3- Revenue Report! Here’s What the Exchange Holds
Coinbase Global Inc. (NASDAQ: COIN) released its third-quarter 2022 earnings results on Thursday. According to a letter to shareholders, the company reported mixed earnings results for the third quart...
Coinbase Revenue Slumps 50% as Bear Market Bites Deeper
On Nov. 3, Coinbase Inc. had its third-quarter earnings call, reporting that revenue had missed analysts’ expectations. Company revenue plunged more than 50% from the previous year earlier as trading ...
Coinbase burns $546M of USD resources as it reports another quarter in the red with a 55% revenue decline
Coinbase reported its third-quarter earnings after the bell on Nov. 3, revealing a decline of 55% in revenue year-over year as Q3 revenue came in at $590.3 million, down from $1.31 billion in Q3 2021....
PayPal reports $6.85 billion in Q3 net revenue, beats Wall Street estimate
Digital payments firm PayPal reported net revenue of $6.85 billion for the third quarter of 2022. The Wall Street consensus was $6.82 billion, according to Factset. Net revenue rose 11% year-ove...