Remove Leverage Remove Numbers Remove Profit and Loss Remove Transportation
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No Lift For Lyft Following Q1 Earnings Report

PYMNTS

But Lyft’s numbers also showed that revenue and growth have been borne atop a sea of red ink. million in the first quarter or year ago, and losses were $1.1 Adjusted results (backing out stock compensation, for example) still showed losses to the tune of $211 million, which translated to a bit more than $9 a share.

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Walmart Shares Up Across The Board On Big Earnings Beats

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The planet’s largest retailer by sales crushed their way through Q2, with bigger than expected gains in revenue, earnings, same-store sales and eCommerce sales than analysts were predicting before the numbers hit the wires. The headline number was the highly watched same-store sales figure. All-in revenue jumped up 3.8

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Fiverr’s IPO Bodes Well For (Some) Gig Economy Stocks

PYMNTS

Lyft , of course, has set its sights on transportation. The company has also been leveraging local market power into ancillary services such as food delivery (a la Uber Eats). The latest quarter showed a net loss of $8.3 million loss that had been seen a year ago. million, an improvement over the $16.3

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The Importance Of Cyber War Games For Digital Businesses

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Businesses have long played war games (certain veterans might take issue with the use of “war” to describe issues related to profit and loss, but capitalist society long ago embraced the idea that “business is war”). How much value is destroyed by the loss of sensitive business plans depends on the ability to adjust tactics quickly.”.

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Grocery, Online Drive Blockbuster Q2 For Walmart

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“We’re pleased with how customers are responding to the way we’re leveraging stores and eCommerce to make shopping faster and more convenient. By The Numbers. Walmart reported a net loss of $861 million (29 cents a share) for the quarter end on July 31, compared with a net income of $2.9 Beyond The Numbers.

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Hertz And Avis Eye Uber Impact, With Rough Road Ahead

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Hertz said Tuesday that losses are continuing; Avis cut its profit projections. The slow-motion crash may accelerate, and the numbers bear witness. At the same time, Uber and Lyft both grew their total take of ground transportation for road warriors by 2 percent. But perhaps not all is lost.

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Transcript: Eric Balchunas

Barry Ritholtz

I mean, I could count them on one hand the number of people who have his depth of knowledge in this space. I — I couldn’t believe the numbers. And this is part of the story I was so fascinated with was why would someone set-up a company where they deliberately turn over all the future profits to the — to the people?