Revenue

Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise.

Source: investopedia.com

Zilch Exceeds $130 Million in Revenue and Marks First Monthly Profit
Zilch Exceeds $130 Million in Revenue and Marks First Monthly Profit
September 03, 2024  |  Buy Now Pay Later

Ad-subsidized payments network Zilch recorded its first profitable month in July. In the same month, Zilch’s revenue run rate exceeded $130 million, according to a...

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Chewy Sees Promise in Vet Clinics and Payoff From App Investments
Chewy Sees Promise in Vet Clinics and Payoff From App Investments
August 28, 2024  |  Earnings

Chewy said its investment in veterinary clinics is helping it attract new customers. The online pet product retailer released quarterly earnings Wednesday (Aug. 28) showing...

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Citigroup Aims to Double Commercial Banking Revenue by Targeting Small Businesses
Citigroup Aims to Double Commercial Banking Revenue by Targeting Small Businesses
August 28, 2024  |  SMBs

Citigroup is reportedly looking to increase its revenue by adding smaller clients. Traditionally known for serving only the largest clients, the bank has expanded its...

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Klarna Revenue Jumps 27% Amid IPO Preparations
Klarna Revenue Jumps 27% Amid IPO Preparations
August 27, 2024  |  IPO

Klarna saw revenues climb in the first half of 2024 amid preparations to go public. The Swedish buy now, pay later (BNPL) provider released half-year...

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Temu: High Revenue Growth Not Sustainable Amid eCommerce Competition
Temu: High Revenue Growth Not Sustainable Amid eCommerce Competition
August 26, 2024  |  eCommerce

The parent of Chinese eCommerce firm Temu is warning that revenue growth will eventually cool. PDD Holdings released quarterly earnings Monday (Aug. 26) showing an...

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Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
August 21, 2024  |  Retail

A streamlined checkout experience and the deployment of generative artificial intelligence-powered handheld devices for employees have improved the in-store experience at Target, the retailer said...

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Macy’s Pins Hopes on ‘First 50’ Strategy Despite Overall Sales Drop
Macy’s Pins Hopes on ‘First 50’ Strategy Despite Overall Sales Drop
August 21, 2024  |  Retail

Macy’s officials are confident in their “A Bold New Chapter” strategy, highlighted by the company’s First 50 locations. During its second-quarter earnings call Wednesday (Aug....

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Report Finds That Faster Payments Boost Federal Reserve Banks’ Bottom Line
Report Finds That Faster Payments Boost Federal Reserve Banks’ Bottom Line
August 21, 2024  |  Faster Payments

The Federal Reserve’s latest report to Congress offered a snapshot of money spent — and returns on investment — on all manner of payment systems....

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Ibotta’s Operating Loss Reminds Investors That Growth Comes at a Price
Ibotta’s Operating Loss Reminds Investors That Growth Comes at a Price
August 14, 2024  |  Earnings

The old saying in business is that you have to spend money to make money. That means investments today are made in hopes of paying...

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