BlackRock Inc. (NYSE: BLK) reported its financial results for the quarter ended March 31, 2020 today.
BlackRock reported a 23% drop in earnings for the first quarter of 2020 due to the impact of charitable contributions and higher costs and expenses. The top-line increased by 11% driven by higher base fees and 34% growth in technology services revenue, reflecting the impact of the eFront acquisition and continued Aladdin momentum.
The company said the coronavirus outbreak has transformed the world, creating unprecedented human and economic hardship. BlackRock’s overriding priority is the health and safety of its employees and their families.
PayPal Holdings Inc. (NASDAQ: PYPL) reported stronger-than-expected earnings and revenues for the first quarter of 2021. Shares of the payment service provider gained during Wednesday’s extended trading session soon after
Twilio (NYSE: TWLO) reported first quarter 2021 earnings results today. Revenue increased 62% year-over-year to $590 million. GAAP net loss widened to $206 million, or $1.24 per share, compared to
Uber Technologies (NYSE: UBER) reported first-quarter 2021 financial results after the regular market hours on Wednesday. The ride-hailing company reported Q1 revenue excluding the UK accrual of $3.5 billion, up