E-commerce firm Shopify Inc. (NYSE: SHOP) reported second quarter 2020 earnings results today.
Total revenues increased 97% to $714.3 million.
Net income was $36 million, or $0.29 per share, compared to a net loss of $28.7 million, or $0.26 per share, for the same period last year. Adjusted net income was $129.4 million, or $1.05 per share.
Shopify stated that the COVID-19 pandemic has accelerated the growth of ecommerce, shifting a larger share of retail spending to online commerce, and the company believes this trend will continue. However due to the significant uncertainty that still persists, the company is not providing an outlook for the third quarter or the full year of 2020.
Adobe Systems Incorporated (NASDAQ: ADBE) reported second quarter 2021 earnings results today. Total revenue grew 23% year-over-year to $3.84 billion. GAAP net income was $1.11 billion, or $2.32 per share,
Shares of Delta Air Lines Inc. (NYSE: DAL) have gained 45% over the past 12 months and 11% since the beginning of this year. After a particularly distressful period, like
The Kroger Co. (NYSE: KR) reported first-quarter 2021 earnings results today. Total company sales were $41.3 billion compared to $41.5 billion in the same period last year. Excluding fuel, sales