Financial Performance

Financial Performance

Spirit Slashes Guidance After Flight Disruptions

The carrier took a $50 million hit from the disruptions and expects an "additional $80 to $100 million of negative revenue impact" in Q3.

Matthew Heller
August 17, 2021
Financial Performance

Zeta CFO Attributes Revenue Growth to COVID-Era Refocusing

The cloud-based marketing technology company reported a 39% year-over-year increase in its second-quarter revenue.
Financial Performance

Microsoft Earnings: Highest Q4 Growth in 6 Years

A significant fourth-quarter beat was powered by several secular growth trends and recurring revenue.
Financial Performance

Tesla Beats $1B, Posts Record Profit in Q2

Tesla was profitable without regulatory credits, which it sells to rival automakers, for the first time since the end of 2019.
Financial Performance

Drinks Lead Big Second Quarter for PepsiCo

“A lot of the things we did through the pandemic are paying dividends now that mobility has increased and consumers are getting out more."
Financial Performance

GameStop Stock Falls On Q1 Results; Hires New CEO, CFO

The video game retailer hired two Amazon veterans to help it make a push into e-commerce.
Credit

Bank Profits Rise 29% to $76.8B in 1st Quarter

Still, net interest income fell by $7.6 billion, or 5.6%, the sixth straight quarterly decline, and average net interest margin fell to 2.56%.
Financial Performance

Delta Posts $652M Profit on Surging Demand

“We achieved significant milestones in the quarter including a solid pre-tax profit in the month of June."
Financial Performance

Senators Introduce Bipartisan Postal Reform Bill

The legislation would eliminate the requirement that USPS pre-fund more than $120 billion in retiree healthcare and pension liabilities.
Financial Performance

Remote Work Could Bring Google $1B in Annual Savings

Google saved $268 million in expenses from company promotions, travel, and entertainment versus a year earlier.
Financial Performance

Where Are Tesla’s Profits Coming From?

The company's profits are more reliant on non-core activities than on selling cars.
Credit

Bank Profits Rise 9% to $59.9B in 4th Quarter

“Banks remained resilient in fourth quarter 2020, consistent with the improving economic outlook,” the FDIC says.
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