Robinhood's crypto trading surges, as overall growth slows
After helping a new generation of investors get into stocks, Robinhood is increasingly doing the same for cryptocurrencies.
Aug 19, 2021
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Business
After helping a new generation of investors get into stocks, Robinhood is increasingly doing the same for cryptocurrencies.
Aug 19, 2021
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Business
The New York TImes said Wednesday it now has more than eight million subscribers in a quarterly update showing improving revenues and profits.
Aug 4, 2021
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Concerns about a revenue growth slowdown pushed Facebook's shares lower in after-hours trading Wednesday, not long after the company reported that its second-quarter profits doubled thanks to a massive increase in advertising ...
Jul 29, 2021
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Microsoft on Tuesday reported a jump in profits in the recently ended quarter, keeping strong momentum from accelerated gains in cloud computing during the pandemic.
Jul 28, 2021
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Three tech companies—Apple, Microsoft and Google owner Alphabet—reported combined profits of more than $50 billion in the April-June quarter, underscoring their unparalleled influence and success at reshaping the way ...
Jul 28, 2021
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Apple said Tuesday its profit in the just-ended quarter nearly doubled amid improving consumer spending and a "growing sense of optimism" as pandemic lockdowns eased.
Jul 27, 2021
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Google parent Alphabet on Tuesday reported quarterly profit that had nearly tripled, as money poured in from ads on its search engine and YouTube video platform.
Jul 27, 2021
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Twitter on Thursday posted better-than-expected results for the recently ended quarter with gains in revenue, profit and its user base, sparking a rally in shares for the messaging platform.
Jul 22, 2021
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Duolingo, a language learning smartphone app that has grown during the coronavirus pandemic, plans to go public with an overall valuation of potentially more than $4 billion.
Jul 19, 2021
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Amazon remained the dominant global cloud computing firm in 2020 as rivals including Microsoft, Alibaba and Google gained ground in the fast-growing market, a research firm said.
Jun 29, 2021
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In business, revenue or revenues is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Some companies also receive revenue from interest, dividends or royalties paid to them by other companies. Revenue may refer to business income in general, or it may refer to the amount, in a monetary unit, received during a period of time, as in "Last year, Company X had revenue of $32 million."
In many countries, including the UK, revenue is referred to as turnover.
Profits or net income generally imply total revenue minus total expenses in a given period. In accounting and financial analysis, revenue is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income.
For non-profit organizations, annual revenue may be referred to as gross receipts. This revenue includes donations from individuals and corporations, support from government agencies, income from activities related to the organization's mission, and income from fundraising activities, membership dues, and financial investments such as stock shares in companies. For government, revenue includes gross proceeds from income taxes on companies and individuals, excise duties, customs duties, other taxes, sales of goods and services, dividends and interest.
In general usage, revenue is income received by an organization in the form of cash or cash equivalents. Sales revenue or revenues is income received from selling goods or services over a period of time. Tax revenue is income that a government receives from taxpayers.
In more formal usage, revenue is a calculation or estimation of periodic income based on a particular standard accounting practice or the rules established by a government or government agency. Two common accounting methods, cash basis accounting and accrual basis accounting, do not use the same process for measuring revenue. Corporations that offer shares for sale to the public are usually required by law to report revenue based on generally accepted accounting principles or International Financial Reporting Standards.
In a double-entry bookkeeping system, revenue accounts are general ledger accounts that are summarized periodically under the heading Revenue or Revenues on an income statement. Revenue account names describe the type of revenue, such as "Repair service revenue", "Rent revenue earned" or "Sales".
This text uses material from Wikipedia, licensed under CC BY-SA