Equinix, a major data infrastructure provider in the financial services industry, yesterday released its results for the quarter ended 31 March 2022 (Q1 2022). The company saw record growth across dif...
Tag: Revenues
MarketAxess Reports $186 Million in Revenues for Q1 2022
Nasdaq-listed MarketAxess Holdings today released its financial results for the first quarter of 2022. During the recent quarter, the operator witnessed its second-highest quarterly revenue as the num...
Cornerstone FS Posts Strong Q1 Revenues
Cornerstone FS plc, one of the prominent cloud-based providers of international payment, currency risk management, and electronic account services to SMEs, today released its unaudited trading update ...
Goldman Sachs Posts $12.93 Billion in Net Revenues during Q1 2022
Goldman Sachs Group, NYSE-listed financial services giant, has recently published its financial results for the first quarter of 2022. For the reported period, the Group’s net revenues reached $12.93 ...
US banks set for big hit to revenues as dealmaking dries up
The largest US banks are set to report their biggest slowdown in investment banking revenue in years next week, as the dealmaking engine that helped propel Wall Street to record profits last year sput...
How Major League Baseball Could Crack $11 Billion In Revenues In 2022
The business of Major League Baseball will increase in 2022 and reach pre-pandemic levels that … [+] should exceed the record revenues seen in 2019. (Photo by Al Bello/Getty Images) Getty Images...
Ethereum miners reach $1.29 billion in revenues in March
Ethereum miners brought in a total of $1.29 billion in March in revenue. Revenues increased month-over-month by 7.2%. They had been on a declining trajectory since November of 2021, when the revenue ...
Bitcoin mining revenues climb back up to $1.21 billion in March
After falling consecutively since October, bitcoin mining revenues had a month-over-month increase of 14%. Bitcoin miners brought in a total of $1.21 billion in revenue in March, according to data com...
Biden Budget Proposal Estimates Additional $11B in Revenues by 2032 by Updating Crypto Rules
U.S. President Joe Biden released his 2023 budget proposal on Monday, and in it, his administration is seeking to modernize rules around digital assets that it says would generate an additional $11 bi...
Beeks Financial Cloud Group’s Revenues Climb 46% in H1 FY22
Beeks Financial Cloud Group recently released its unaudited results for the six months ended 31 December 2021. For the reported period, the company posted a 46% spike in revenues as the figure reached...
Bitcoin Ban, Revenues, FX Analysis, Wirecard CEO and More: Editor’s Pick
Last week was busy in the financial services sector as several companies turned their numbers, along with other news pouring in from crypto and fintech companies. Finance Magnates has shortlisted some...
Tilray is posting growing revenues but the stock is falling. Is it a risky buy?
If earnings growth is a catalyst for stock performance, then Tilray Brands Inc. (NASDAQ:TLRY) should be among the best performers. In the second quarter of 2022, the company swung into a net income of...
Ethereum miners generated $1.19 billion in revenues during February
Ethereum miners brought in $1.19 billion in revenue in February. Most of these revenues came from the block subsidy ($1.09 billion) and only a small portion from transaction fees ($109.77 million). Th...
Ethereum Mining Revenues Drop Significantly
ETH mining is getting less profitable amid the network upgrade of Ethereum. The recent data published by on-chain analysis platform Glassnode shows that the ETH miner revenue has touched a low of $1.5...
Block reports $4.42 billion in revenues in 2021
Block, formerly Square, has reported its gross profits for the last quarter of 2021. The profits reached $1.18 billion, a 47% increase from the same period last year. Block is a company founded by Jac...
Domino’s Pizza faces downward pressure from rising costs and stagnating revenues
Domino’s Pizza Inc. (NYSE:DPZ) this week continued with a crashing trend that has bedeviled the company in the last few weeks. Apart from the impact of the general market decline and the war in Ukrain...
Intercontinental Hotels reports 21% growth in revenues. Should you hold?
Intercontinental Hotels Group (LON:IHG) has reported preliminary annual results for the year ended 31 December 2021. Total revenue rose to $2.907 billion, indicating a 21% increase from the $2.3 billi...
HIVE’s Quarterly Revenues Increase 397% YoY
HIVE Blockchain Technologies today published its earnings report for the third quarter ended 31 December 2021. In a record report, the company posted revenues of $68.2 million, which is 397% higher co...
Lyft’s Revenues Top Estimates as Ride-Sharing Business Picks Up
Text size Lyft was profitable on an adjusted basis for the first full year in 2021. Dreamstime Lyft posted better-than-expected fourth-quarter results, reporting both improving ride volumes and increa...
Wise Posts 34% YoY Jump in Revenues during Q3 FY2022
Wise, one of the fastest-growing international financial services providers, today published its financial results for the third quarter of the fiscal year 2022. The company’s revenue reached £149.8 m...
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...
Constellation Wine Revenues Are Down But Coca-Cola Agreement For New Fresca Cocktails Could Prove Profitable
Kim Crawford Wine from Constellation Brands Constellation Brands A new agreement with Coca-Cola KO to create alcoholic Fresca cocktails could be part of the solution to help pull Constellation’s Wine ...