March 28, 2024

Quarter

Affirm Reports Fourth Quarter and Fiscal Year 2021 Results

SAN FRANCISCO–(BUSINESS WIRE)–Affirm Holdings, Inc. (NASDAQ:AFRM) (“Affirm” or the “Company”), the payment network that empowers consumers and helps merchants drive growth, today reported financial results for its fourth quarter and fiscal year ended June 30, 2021.

“Affirm’s strong results this quarter and fiscal year demonstrate the progress we are making in rapidly expanding our network,” said Max Levchin, Founder and Chief Executive Officer of Affirm. “More consumers and merchants are continuing to choose Affirm because of our ability to offer a variety of ways to pay, thanks to our unrivaled technology. During the fourth quarter, we increased the

Raytheon Technologies Reports Strong Second Quarter 2021 Results; Raises 2021 Outlook

WALTHAM, Mass., July 27, 2021 /PRNewswire/ — Raytheon Technologies Corporation (NYSE: RTX) reported second quarter 2021 results.

Second quarter 2021

  • Sales of $15.9 billion
  • GAAP EPS from continuing operations of $0.69, which included $0.34 of acquisition accounting adjustments and net significant and/or non-recurring charges
  • Adjusted EPS of $1.03
  • Operating cash flow from continuing operations of $1.3 billion; Free cash flow of $966 million
  • Company backlog of $151.8 billion; including defense backlog of $66.1 billion and book-to-bill of 1.12
  • Achieved approximately $185 million of incremental RTX synergies
  • Repurchased $632 million of RTX shares

Raytheon Technologies updates its

Snap Inc. Announces Second Quarter 2021 Financial Results

SANTA MONICA, Calif.–(BUSINESS WIRE)–Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended June 30, 2021.

Financial Highlights

  • Revenue increased 116% to $982 million in Q2 2021, compared to the prior year.
  • Net loss improved 53% to $(152) million in Q2 2021, compared to the prior year.
  • Adjusted EBITDA improved 223% to $117 million in Q2 2021, compared to the prior year.
  • Operating cash flow was $(101) million in Q2 2021, compared to $(67) million in the prior year.
  • Free Cash Flow was $(116) million in Q2 2021, compared to $(82) million in the prior year.