"Our results continued to be impacted by the unprecedented operating environment and the required work to put our substantial legacy issues behind us."
“Our December quarter results capped the toughest year in Delta’s history,” Delta CEO Ed Bastian said.
Revenue from the Fusion and NetSuite Cloud ERP apps grew 33% and 21%, respectively, in Q2 as the shift to remote work continued.
The third quarter "was marked by continued strong revenue growth coupled with improving unit economics, cash flow, and operating efficiencies.”
“We’re convinced that most of the [shift to online shopping] will persist beyond the pandemic," CEO Doug McMillon says.
The resumption of several major sports in the third quarter, as well as the start of the NFL season, "generated tremendous customer engagement."
“The real bright spot has been our direct-to-consumer business, which is key to the future of our company."
"GM is benefiting from robust customer demand for our new vehicles and services, especially our full-size pickups and SUVs."
Hyatt's revenue per available room improved in Q3 but the hotelier expects "demand to remain uneven over the coming months."
“Our growth reinforces the essential role we play in our customers’ daily lives during this pandemic.”
The company disclosed that further capital spending cuts and possible writedowns of assets are ahead as it battles the pandemic-induced oil bust.
Twitter beat estimates on the top and bottom lines but daily active user growth of only 1 million disappointed investors.
