Continued strong sales tax collections have led Florida state economists to raise their forecast of how much revenue the state will receive in the next two fiscal years by $5.3 billion, despite fears that inflated inflation and rising interest rates will significantly affect the economy next year. Revenue collected forRead More →
SAN FRANCISCO–(BUSINESS WIRE)–Airbase, the fastest growing and top-ranked expense management solution, today announced the appointment of Philip Lacor as chief revenue officer. Reporting to Founder and CEO, Thejo Kote, Philip will lead the company’s sales, customer success, marketing and business development teams, and consolidate efforts to accelerate growth in theRead More →
Aug 15 (Reuters) – Nu Holdings Ltd on Monday reported second-quarter revenue that more than doubled as the Warren Buffett-backed digital banking firm saw strong growth in its customer base in Brazil, Mexico and Colombia. Nubank has successfully thwarted the industry downturn triggered by geopolitical turmoil, rising rate fears andRead More →
NEW YORK–(BUSINESS WIRE)–August 15, 2022– The OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining company, announced record revenues in 2022. Highlights of the period are as follows: × This page requires JavaScript. Javascript is required for you to play premium content. Please enable itRead More →
Intelligence Market Report Publish a new research report on “Analysis of Credit Insurance Market 2022 by Key Players, Applications, Growth Trends, Segment Share and Forecast to 2028” This press release was originally distributed by SBWire London, UK – (SBWIRE) – 08/13/2022 – Credit Insurance Market Scope and Overview Credit insuranceRead More →
Facing unprecedented challenges 39% revenue growth and 37% gross profit growth Highest PAT ever recorded for the 1st trimester Secures more than eight months of raw material as inventory for uninterrupted production Start of manufacturing operations in Bangladesh under wholly owned subsidiary, Asia Coatings (Pvt) Ltd Financial assistance plans providedRead More →
No related data. © 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. THE CREDIT RATINGS ISSUED BY MOODY’S CREDIT RATINGS AFFILIATES CONSTITUTE THEIR CURRENT OPINIONS ON THE RELATIVE FUTURE CREDIT RISK OF THE ENTITIES, CREDIT COMMITMENTS, INDEBTEDNESSRead More →
Nedbank Group this week released strong financial results for the six months ended June 30, 2022, with overall profit (ET) up 27% to R6.7 billion, driven by strong revenue growth, a stable credit loss rate, improved ETI associate performance and a well-managed spend base. Nedbank CE Mike Brown said theRead More →
Adreadful, bad, gloomy, horrible. Choose your favorite from these adjectives, and it will definitely apply to Novavaxit is (NASDAQ: NVAX) second quarter update. The vaccine maker said Monday its second-quarter revenue fell nearly 57% year-over-year to $186 million. This is particularly concerning, given that Novavax’s COVID-19 vaccine wasn’t on theRead More →
No related data. © 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. THE CREDIT RATINGS ISSUED BY MOODY’S CREDIT RATINGS AFFILIATES CONSTITUTE THEIR CURRENT OPINIONS ON THE RELATIVE FUTURE CREDIT RISK OF THE ENTITIES, CREDIT COMMITMENTS, INDEBTEDNESSRead More →
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Disclosure of announcements: Rate information is obtained by Bankrate from listed institutions. Bankrate cannot guarantee the accuracy or availability of the rates shown above. Establishments may have different rates on their own websites than those displayed on Bankrate.com.Read More →
A combination of strong same-store sales, new store launches and a higher contribution from online channels will drive revenue growth of 21-23% for apparel retailers this fiscal year, or around 500 basis points (bps) higher than pre-pandemic (FY2020), despite high inflation impacting discretionary demand. According to a report by CRISILRead More →
Company oi-Sunil Fernandes | Posted: Thursday August 11th 2022, 11:04 AM [IST] A combination of strong same-store sales, new store launches and a higher contribution from online channels will drive revenue growth of 21-23% for apparel retailers this fiscal year, or around 500 basis points (bps) higher than pre-pandemic (FY2020)Read More →
JONGHO SHIN Marqueta (NASDAQ: MQ) shares plunged 2.4% Wednesday after hours as it expects its third-quarter net revenue growth to slow and its EBITDA margin to decline. Still, the second-quarter results improved Wall Street estimates as total processing volume climbed 53% during the quarter. For the third quarter, the creditRead More →
Kornit Digital (KRNT) came out with a quarterly loss of $0.31 per share against Zacks’ consensus estimate of a loss of $0.28. That compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents a profit surprise of -10.71%. ARead More →
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The Canada Revenue Agency (CRA) is planning a massive email notification campaign to reach Canadians across the country who have uncashed checks worth $1.4 billion. Email notifications will target recipients of the Canada Child Benefit and related provincial and territorial programs, as well as recipients of GST/HST credits and AlbertaRead More →
Gama Aviation PLC reported “solid” performance on Monday as it expects revenue to increase by more than 20% as well as an increase in gross margin, while negotiating new credit facilities. For the six months ending June 30, the Farnborough, England-based aviation services company reported revenue of over $130 million,Read More →
S Chand & Company Ltd made PAT profitable in FY22 after three years of battling national education policy uncertainty and disruption caused by multiple Covid-19 induced lockdowns, which resulted in the closure educational institutions nationwide. The company has not only exceeded street expectations with flying colors with its strong improvementRead More →
DGAP-News: Hypoport SE / Key word(s): Half-year results Hypoport SE: strong growth in sales and results in the first half of 2022 despite uncertain market conditions 08.08.2022 / 07:04 CET/ESTThe issuer is solely responsible for the content of this announcement. Group results in H1 2022 Hypoport SE: strong growth inRead More →
Natural fiber supply chain start-up ReshaMandi expects revenue to grow five-fold to Rs 2,000 crore in this financial year, driven by portfolio diversification and expansion overseas, a senior company official said. ReshaMandi Founder and CEO Mayank Tiwari told PTI that the company is building a digital farm-to-retail ecosystem for theRead More →
In an effort to increase transit ridership, the Jefferson City Council recently weighed the pros and cons of temporarily suspending the $1 fare for city buses, making fixed routes completely free. Proponents said it could increase ridership, and the bill’s sponsor, Councilman Jack Deeken, said “if nothing else, it wasRead More →
The Minnesota Historical Society is rebuilding both its revenue stream and its staff after closing its 26 museums and historic sites at the start of the COVID-19 pandemic, when it lost critical admission dollars and laid off more than a third of its employees. Now the St. Paul-based nonprofit, whichRead More →
Comment this story Comment A newly empowered Internal Revenue Service is one of the keys to the sweeping climate, health care and tax bill that Senate Democrats hope to pass this week – with billions of dollars in new money for the agency so she can raise money for theRead More →
The Braves’ spending was also significantly higher in the April-June quarter than a year ago, largely due to a higher payroll. Still, Braves Holdings reported operating income before depreciation and amortization — the most common measure, along with revenue, for assessing the economic performance of a professional sports franchise —Read More →
[Stay on top of transportation news: Get TTNews in your inbox.] Allison Transmission Holdings Inc. posted net profit and revenue gains in the second quarter as demand continued. Net income for the three months ended June 30 was $122 million, or $1.26 per diluted share, on revenue of $664 million,Read More →
A Barcelona executive has approached UEFA to use future Champions League broadcast revenue as collateral to seek a loan. In an investigation into Barcelona’s finances, Athleticism learned that Barcelona needed loans to alleviate years of poor decision-making in the transfer market and overpayment of player wages, which has been exacerbatedRead More →
KANSAS CITY, Mo., Aug. 02, 2022 (GLOBE NEWSWIRE) — capital of the novelthe fintech revenue growth platform that helps B2B companies accelerate their growth, announced the hiring of a new chief credit officer, Mike Luebbers. Luebbers is an expert in credit risk management and brings over 20 years of industryRead More →
Sample revenue growth expected to moderate to 12-14% in FY2023 due to base effect, macro conditions and inflationary headwinds in key markets. ICRA maintains its stable outlook for India’s IT services industry, supported by a strong backlog and healthy demand prospects, particularly for digital services, while forecasting moderating revenue andRead More →
Global 3D printing market by MarketsandResearch.biz gives an understanding of the current evolving situation and projected improvement of the business for a scope of 2022 to 2028. Advanced credits of the market depend on a short quantitative and unique assessment of data gathered from express sources. The cut-off prospects neededRead More →
HSBC Holdings HSBC reported pretax profit of $5 billion in the second quarter of 2022, down 1% from the year-ago quarter. The results reflected an increase in adjusted revenues. Adjusted expenses decreased slightly from the prior year quarter. Expected credit losses and other credit impairment (ECL) charges were a netRead More →
SJM Holdings 1H loss widens, gaming revenue down 25% August 01, 2022 news desk Breaking News, Macau, Top of the Bridge Macau-based casino operator SJM Holdings Ltd posted a first-half net loss of nearly HKD 2.76 billion (US$351.2 million), compared with a loss of HKD 1.47 billion inRead More →