Add news
March 2010April 2010May 2010June 2010July 2010
August 2010
September 2010October 2010
November 2010
December 2010
January 2011
February 2011March 2011April 2011May 2011June 2011July 2011August 2011September 2011October 2011November 2011December 2011January 2012February 2012March 2012April 2012May 2012June 2012July 2012August 2012September 2012October 2012November 2012December 2012January 2013February 2013March 2013April 2013May 2013June 2013July 2013August 2013September 2013October 2013November 2013December 2013January 2014February 2014March 2014April 2014May 2014June 2014July 2014August 2014September 2014October 2014November 2014December 2014January 2015February 2015March 2015April 2015May 2015June 2015July 2015August 2015September 2015October 2015November 2015December 2015January 2016February 2016March 2016April 2016May 2016June 2016July 2016August 2016September 2016October 2016November 2016December 2016January 2017February 2017March 2017April 2017May 2017June 2017July 2017August 2017September 2017October 2017November 2017December 2017January 2018February 2018March 2018April 2018May 2018June 2018July 2018August 2018September 2018October 2018November 2018December 2018January 2019February 2019March 2019April 2019May 2019June 2019July 2019August 2019September 2019October 2019November 2019December 2019January 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020October 2020November 2020December 2020January 2021February 2021March 2021April 2021May 2021June 2021July 2021August 2021September 2021October 2021November 2021December 2021January 2022February 2022March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023
News Every Day |

Porch Soars, Peloton Sinks and CE 100 Index Barely Budges With 0.4% Gain

The CE 100 Index added 0.4% in a wild week where double-digit declines and gains were the norm — earnings season continued to dominate the headlines. 

Porch Group soared 53.2%, leading the Live pillar 3.2% higher.

In the company’s most recent earnings report, Porch noted that revenues of $129.6 million were up 67% year on year. The increase in consolidated revenues was driven by the insurance segment, which saw a 195% year-over-year growth.   

CEO Matt Ehrlichman said during the firm’s conference call that “we continue to focus on ongoing profitability, with underwriting actions including premium per policy increases, non-renewing policies where our data suggests they are higher risk and deductible increases in our insurance business, launching new software modules coupled with price increases in our software businesses, capital allocation toward businesses that are generating strong returns like our warranty business, and cost reduction initiatives across the company.”

The company expects revenue to reach approximately $415 million, representing a 50% year-over-year growth.

Adyen was the standout for the Pay and be Paid segment, which overall was up 3.7% and led all verticals that notched gains in the week. Adyen shares leaped 31.6% through the past five sessions.

As noted here, the company “evolved its financial objectives in order to specify timelines around growth expectations,” the FinTech platform said in statements released in tandem with its investor day.  

Adyen’s updated objectives include annual net revenue growth in percentages between the low 20s and high 20s through 2026. The company said that in the third quarter, year over year, its processed volume was up 21%, and its net revenue was up 22%. By business segments, its digital volumes were up 21%, its Unified Commerce processed volumes were up 25% and its platform volumes were up 15%. 

Roblox shares surged 10.5%, as the Have Fun group gained 1.4%. The company’s latest results showed that bookings increased 20% versus last year. Active users surged 20%. Average monthly unique payers were 14.7 million, up 14% year-over-year, and average bookings per monthly unique payer was $19.02, up 5% year-over-year. Hours engaged, the company said, were 16 billion, up 20% year-over-year.

Vroom Drops

But Vroom, which sank 28.1% and led the Shop Group 4.5% lower, helped offset those gains. 

Vroom reported this past year that it is working toward improving variable and fixed costs per unit. The company reduced its titling, registration and support costs by 15%, its marketing costs by 13% and its fixed costs by 15%, Vroom CEO Tom Shortt said Wednesday during its quarterly earnings call. 

“Our advanced analytics team, functional business teams and tech team continue to build data assets, analytical assets and tech assets that we believe in the long term will provide a competitive advantage across titling and registration, pricing, conversion unit and product margin, and supply chain costs,” Shortt said. 

Total eCommerce revenues slipped 33.5% to $149.8 million, while the eCommerce average days to sale were 202, up from 186. eCommerce units slipped 29% to a bit more than 4,500 in the quarter.

Olo saw its stock slip 18.3%. The company said this past week that card-present transactions will become a key growth driver for its Olo Pay service as restaurant brands transition away from their long-standing legacy payment processing partnerships. 

The fact that “non-digital transactions account for more than 80% of restaurant transactions today” makes the card-present opportunity even more appealing, Noah Glass, CEO of the restaurant technology platform, pointed out during the call. 

Total revenues increased 22% year-over-year to $57.8 million and total platform revenue surging 24% to about $57 million year on year.

Peloton’s stock slid 13% in the wake of quarterly results released earlier in the month.

During the quarter, Peloton’s numbers showed that the higher-than-expected membership churn continues. The quarter ended with 2.96 million connected fitness subscriptions, down by about 30,000 from the previous quarter, and a churn rate of 1.5%, surpassing projections.   

The quarter ended with 763,000 paying Peloton app subscribers, a decrease of 65,000 compared to the prior quarter. The churn rate for the paid app subscription stood at 6.3%, lower than the company’s initial expectations. Peloton reported a total revenue of $595.5 million, with a breakdown of $180.6 million from the connected fitness segment and $415 million from subscription revenue, falling within the company’s guidance range. 

The post Porch Soars, Peloton Sinks and CE 100 Index Barely Budges With 0.4% Gain first appeared on


Татьяна Сумцова: как прикус влияет на здоровье пищеварительной системы

10 Influencer Meltdowns Caught on Camera

Visa delays push Davies-Barroso bout off Garcia-Duarte card

Snowy Cabin in Norway, Wind and Fireplace Sounds for Sleep and Study

ONE YEAR LATER: Intel Arc GPU Drivers, Bugs, & Huge Improvements

Read also

Walmart Joins Exodus of X Advertisers

Bo Nix likely fumbles Heisman chances in Pac-12 title game loss as LSU's Daniels surges

Biden rules could tighten number of incentive-eligible EVs

News, articles, comments, with a minute-by-minute update, now on

News Every Day

Snowy Cabin in Norway, Wind and Fireplace Sounds for Sleep and Study — latest news 24/7. You can add your news instantly now — here

News Every Day

Infinity according to Jorge Luis Borges - Ilan Stavans

Sports today

Новости тенниса

Революция в теннисе: WTA и ATP могут остаться без главных турнирова

Спорт в России и мире

Гербольдт: Валиевой не хватило сил на чистый прокат на Гран-при в Москве

All sports news today

Sports in Russia today


Бывший президент «Зенита» Туфрин: Не важно, будет Галактионов на скамейке «Локомотива» или нет

Новости России

Game News

Шапки женские на Wildberries (вайлдберриз) — зимние новинки 2024 (модель 351)


Елка желаний будет установлена на церемонии вручения Зеленой премии

Губернаторы России

Куда идут российско-армянские отношения? - политолог Михаил Александров

Шапки и капоры женские на Wildberries (от 392 руб.) + три новые модели 2024

Тёплые вязаные капоры женские на Wildberries (вайлдберриз) — от 698 руб. купить сегодня

Синоптик Вильфанд рассказал, что на Россию надвигаются аномальные холода

Запретить нельзя смотреть: в Татарстане кипят страсти вокруг сериала «Слово пацана»

Баста и Зиверт стали самыми посещаемыми артистами в RED ARENA в Сочи

Суд увидел ЛГБТ-пропаганду в клипе Лазарева и оштрафовал музканал

Киркоров, Лепс и Шнуров стали самыми дорогими певцами на новогодние корпоративы

Брежнева после развода с Меладзе заговорила о неизлечимой болезни

Львиная воля: обыграет ли команда Хачанова коллектив Кудерметовой

Потапова и Шевченко поженились в Санкт-Петербурге

Елена Рыбакина выбрала второй турнир в сезоне WTA-2024

Соболенко — лидер WTA-тура по виннерсам в 2023 году

Куда идут российско-армянские отношения? - политолог Михаил Александров

Генсек РФС Митрофанов назвал Москву и Санкт-Петербург футбольными столицами

Шапки и капоры женские на Wildberries (от 392 руб.) + три новые модели 2024

Новый компактный ирригатор Revyline RL 610 Green Dragon ожидается в продаже в Москве и области

Кто стоит за фейками о «военной поддержке Киева Ереваном»?

Собянин подписал закон о бюджете столичного фонда ОМС на 2024 год

В Нижнем Тагиле стартовал Кубок России по прыжкам на лыжах с трамплина

Портрет молодой Аллы Пугачевой вывесили в фойе Московского театра эстрады

В январе пенсии не будет: пенсионерам преподнесли неожиданный сюрприз от государства

Под Саратовом школьников из-за водителя автобуса отправили на дистант

Солист Большого театра Азизов прокомментировал назначение Гергиева

Жители Оренбургской области стали больше тратить на алкоголь и табак

Путин в России и мире

Персональные новости
Константин Кинчев

В Новосибирске отменили концерт «Алисы» из-за болезни Кинчева

News Every Day

10 Influencer Meltdowns Caught on Camera

Friends of Today24

Музыкальные новости

Персональные новости