Earnings

Earnings
Home Depot Looks for B2B Buffer Against Softening Consumer Spend
August 13, 2024

Home Depot currently gets around half of its sales from professional builders and contractors. According to the company’s executives on Tuesday’s (Aug. 13) second-quarter 2024 earnings call, the world’s largest home improvement retailer will need to continue to win over a greater share of this...

Earnings
Priority: Challenging Economic Conditions Bolster Demand for Software, Payment Solutions
August 08, 2024

The current uncertain economic conditions are bolstering the demand for digital solutions that can help users enhance their cash flow and working capital, Priority Technology Holdings said Thursday (Aug. 8). Among the solutions businesses are adopting is the company’s proprietary unified commerce platform “that’s purpose-built...

Earnings
Intellicheck: Retail May Be Pressured, but Identity Fraud ‘Isn’t Going Away’
August 08, 2024

For Intellicheck, the hallmarks of the second quarter are that retail verticals and customers are pressured — but diversification efforts are paying off, and will pay off, over the longer term. On Thursday (Aug. 8), the company posted its latest earnings results that showed  total...

Earnings
Expedia Focuses on Loyalty Programs as It Expects Soft Travel Demand in Q3
August 08, 2024

For Expedia Group CEO Ariane Gorin, there was a clear highlight for the company during the second quarter: Brand Expedia saw room night growth rise to nearly 20%. “Brand Expedia has been a great highlight for us,” Gorin told analysts and investors during the company’s...

Earnings
Yelp Gets Revenue Lift From AI, Ad Sales in Challenging Environment 
August 08, 2024

Back in 2004, Yelp’s crowd-sourced business review platform helped create an era of commerce defined by at-your-fingertips convenience. That was then. But two decades later, and Yelp is still contributing to, if not necessarily as strongly defining, the digital category it helped spearhead. After all,...

Earnings
GoodRX Subscription Revenue Down 8% but Active User Numbers Are Up
August 08, 2024

It was a mixed bag of growth and challenges for digital healthcare platform GoodRx during the second quarter. In reporting its second-quarter results Thursday (Aug. 8), GoodRx said monthly active users (MACs) rose 8%, contributing to a 7% rise in prescription transactions revenue, which totaled...

Earnings
CompoSecure: Issuers Adopt Metal Payment Cards to Attract Premium Customers
August 08, 2024

There is strong demand for metal payment cards as issuers work to attract and retain premium card customers, CompoSecure said Wednesday (Aug. 7). The provider of metal payment cards, security and authentication solutions added several new programs involving its metal cards during the second quarter,...

Earnings
Deliveroo Sees Promise in Groceries as Orders Climb
August 08, 2024

With order volumes increasing, Deliveroo sees opportunities from its loyalty program and grocery business. The U.K.-based delivery service on Thursday (Aug. 8) released earnings for the first half of 2024 showing slight upticks in the gross transaction volume (GTV) per order (up 5% in constant...

Earnings
Corpay Reduces Bad Debt Expense 20% by Targeting Larger Fleets
August 07, 2024

Corpay is pursuing different projects in different regions as it works to grow its fleet payments business. During the second quarter, the corporate payments company’s international fleet business performed “exceptionally well,” while its North American fleet business “presented a drag on growth,” Corpay CEO Ron...