Earnings

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...

Earnings
Subscriptions and Gamification Drive Sezzle Q2 Revenue
August 07, 2024

If Sezzle’s Q2 revenue guidance is any indication, BNPL is going to have a huge year when the dust settles on 2024. The company posted huge increases in all facets of its business Wednesday (Aug. 7) and expects total revenue to increase 35%-40% year over...

Earnings
CVS: Growing Digital Reach Contributes to Revenue Growth
August 07, 2024

CVS Health grew its revenues by 2.6% in the second quarter, crediting this year-over-year improvement in part to its growing number of digital customers, its offering of biosimilar prescriptions and its closure of underperforming stores. “We extended our digital reach with nearly 60 million unique...

Earnings
Marqeta Processing Volumes Surge 32%
August 07, 2024

Marqeta posted second-quarter results that showed total processing volumes (TPVs) surged 32% to $71 billion. During the conference call with analysts, CEO Simon Khalaf noted on Wednesday (Aug. 7) that as had been seen in past quarters, “consumers continued to branch out in financial services...

Earnings
Robinhood Surfs Meme Stock Wave With Retail and Crypto
August 07, 2024

On Monday (Aug. 5), the platform powering 24-7 trading for brokers like Robinhood went offline. The platform, Blue Ocean, is the infrastructure provider responsible for executing stock trades between traditional market off hours, those falling between 8 p.m. and 4 a.m. (ET), and it was...

Earnings
Lyft Launches Price Lock Subscription Amid Surge in Ridership
August 07, 2024

Ride-hailing platform Lyft on Wednesday (Aug. 7) announced performance benchmarks in the second quarter, reflecting strong engagement from both riders and drivers. The company reported a record 23.7 million active riders, representing a 10% increase from the previous year. Total rides hit a new high of 205...