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Active Accounts

All articles tagged with #active accounts

finance1 year ago•0 min saved

"PayPal Faces Stock Slide and Growth Concerns Amid Decline in Active Users"

PayPal's shares fell 10% after reporting a decline in active accounts and projecting minimal profit growth for the current year. The company's total active accounts dropped to 426 million in the December quarter, and it expects adjusted earnings per share of $5.10 for 2024, in line with the prior year. PayPal is aiming to explore new areas for growth with higher margin opportunities, such as international and small business, as it seeks to address the decline in active users and tepid views for growth.

via MarketWatch|

#active-accounts #digital-payments #finance

businessfinance2 years ago•2 min saved

Roku Inc (ROKU) Surges on Impressive Q3 Revenue Growth

Roku Inc reported a 20% year-over-year increase in total net revenue, reaching $912 million in Q3 2023. The company's active accounts grew to 75.8 million, with a net increase of 2.3 million from the previous quarter. Streaming hours also increased by 4.9 billion hours year-over-year, reaching 26.7 billion in Q3 2023. Adjusted EBITDA was reported at $43 million.

via Yahoo Finance|

#active-accounts #businessfinance #q3-2023-earnings

business2 years ago•1 min saved

Roku beats earnings expectations and forecasts strong Q2 revenue despite ad market uncertainty.

Roku reported a Q1 earnings loss of $1.38 per share, missing the Street estimate, but had a net increase of 1.6 million active accounts from Q4 2022. The streaming platform is creating new monetization opportunities and managing investments and costs to achieve positive EBITDA for full year 2024. Shares of Roku are trading 3.08% higher in the after-hours session.

via Benzinga|

#active-accounts #business #monetization-opportunities