Symantec Beats Earnings Estimates, CFO to Resign
The announcement on Noviello’s departure was made as the company stated it outperformed profit and revenue estimates in the last quarter
Grant Thornton Revenue Jumps to Record High $5.45B
The company said it would continue to focus on growing its middle-market businesses.
Metric of the Month: Business Entity Revenue Per Employee
Employee productivity is closely linked to organizational revenue. But how much revenue should each employee be expected to generate?
Will Tax Cuts Boost Capital Spending?
Despite surging sales and cash flow, company spending on capex continues to lag.
Hain Completes Audit of Revenue Woes
The natural products maker reported that it did not have to make material changes to its previously reported financial statements.
Do Companies Adjust Revenue in Response to Investor Behavior?
Research suggests a correlation between market sensitivity to financial results and reported revenue in the following quarter.
Groupon Shares Drop 13% on Big Sales Miss
Q1 revenue fell 4% but the company says such fluctuations are to be expected as it focuses on growing gross profit.
UPS’ E-Commerce Investment Hurts Profit
Q1 revenue beat estimates but operating profit fell 2.4% as UPS spent heavily to accommodate e-commerce delivery with new facilities and services.
Citi Earnings Beat Estimates With 17% Gain
“The momentum we saw across many of our businesses towards the end of last year carried into the first quarter," CEO Michael Corbat says.
Why Workday Adopted New Revenue Recognition Rules Early
CFO Robynne Sisco explains the reasons the company opted, unlike all but a few others, to be an early adopter of the new revenue recognition standard.
Metric of the Month: The Cost of General Accounting
Top-performing organizations spend just one quarter of what the poorest-performing organizations spend on total process cost.