Breaking News
Feb 9, 2023
  • PayPal said fourth quarter revenue increased 7% to $7.4 billion and net income increased 15% to $921 million from $801 million and diluted EPS rose to 81 cents from 68 cents a year ago.
    • Expedia said fourth quarter revenue increased 15% to $2.6 billion and net income dropped 36% to $177 million from $276 million and diluted EPS declined to $1.11 from $1.70 a year ago.
      • Lyft said fourth quarter revenue increased 21% to $1.2 billion and net loss expanded to $588.1 million from $283.2 million, Lyft guided first quarter 2023 revenue of $975 million.
      • Feb 8, 2023
        • Chipotle Mexican Grill said revenue in the fourth quarter rose 11.2% to $2.2 billion and net income jumped to $223.7 million from $133.5 million and diluted EPS rose to $8.02 from $4.69 a year ago.
          • Comparable store sales rose 5.6% and in-restaurant sales rose 17.5% and digital sales were 37.4% of food and beverage revenue. Opened 100 new restaurants with 90 locations including a Chipotlane.
            • Gartner Inc said revenue in the fourth quarter increased 15% to $1.5 billion and net income rose 27% to $257 million from $209 million and diluted EPS rose to $3.21 from $2.50 a year ago.
              • H&R Block said revenue in the December quarter increased 5% to $166 million and net loss widened to $223.5 million from $190.6 million and diluted loss per share rose to $1.37 from $1.02 a year ago.
                • Malibu Boats said revenue in the December quarter rose 28.4% to $338.7 million and net income increased 17.5% to $36.4 million from $31 million and diluted EPS rose to $1.72 from $1.41 a year ago.
                  • Illumina said revenue in the fourth quarter fell 10% to $1.1 billion and the company swung to a net loss of $140 million from a profit of $112 million or diluted EPS was ($0.89) from $0.71 a year ago.
                    • Western Union said revenue in the fourth quarter fell 15% to $1.1 billion and net income increased 48% to $249.4 million from $168.8 million and diluted EPS rose to 65 cents from 42 cents a year ago.