PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its fourth quarter and full year 2022 results for the period ended December 31, 2022 . The earnings release and related materials discussing these results can be found on its investor relations website at https:investor.PYPL.comfinancialsquarterly-resultsdefault.aspx .
PayPal Holdings, Inc. will host a conference call to discuss these results at 2:00 p.m. Pacific time ( 5:00 p.m. Eastern time ) today. A live webcast of the conference call will be available at https://investor.pypl.com . In addition, an archive of the webcast will be accessible for 90 days through the same link.
About PayPal
PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering 435 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.
Investor Relations Contact
investorrelations@paypal.com
Media Relations Contact
mediarelations@paypal.com 
View original content: https://www.prnewswire.com/news-releases/paypal-reports-fourth-quarter-and-full-year-2022-results-301743554.html
SOURCE PayPal Holdings, Inc.
News Provided by PR Newswire via QuoteMedia
Core Innovation Capital and the Center for Financial Services Innovation has announced that their portfolio company has been acquired by PayPal (NASDAQ:PYPL).
As quoted in the press release:
CFSI, the nation’s authority on financial health, made an early investment in TIO Networks in 2005. Core, a venture capital firm investing in leading financial technology companies, invested in TIO in 2013 as part of their mandate to create value for everyday and underserved Americans.
TIO is a cloud-based multi-channel bill payment processor that has processed over $7 billion in payments in 2016 for its 14 million customers. The company delivers convenient access to secure bill pay via kiosk, walk-in, mobile and web solutions.
“Our exceptional financial return is further enhanced by the fact that TIO is one of the most impactful fintechs in the industry, now becoming part of PayPal,” said Arjan Schütte, founder and managing partner of Core.
“PayPal’s acquisition of TIO represents one of CFSI’s greatest impacts to date,” said Jennifer Tescher, founder and CEO of CFSI. “In TIO, we made an early investment that helped a strong innovator become a financial health champion, and the company has built an incredible business around a real consumer pain point, shaped it, and demonstrated that it can be done profitably. Under the larger umbrella of PayPal, TIO should scale even further to benefit more Americans.”
Seventy-nine percent of TIO’s customers are low-to-moderate income, of which a majority pays their bills by giving cash to a teller at a convenience or other retail location. One of the reasons both CFSI and Core invested is that these bills, when expedited, can be extremely expensive. When Core invested in 2013, TIO saved its customers $192 per year on walk-in bill pay charges, relative to the most common alternatives in the market. This translates to an aggregate savings of $290 million in that year alone. TIO is one of the most impactful companies in Core’s portfolio in terms of number of customers served and ratio of underserved customers.
Click here to read the full press release.
CEO of bitcoin waller provider Xapo has joined PayPal (NASDAQ:PYPL) as a new board member.
Wences Casares, CEO of bitcoin wallet provider Xapo, is the payments giant’s newest board member.
According to an article on Fortune:
Wences Casares, CEO of bitcoin wallet provider Xapo, is the payments giant’s newest board member. Payments giant PayPal announced a new board member this morning, potentially signaling the company’s openness to cryptocurrencies. Wences Casares, CEO of bitcoin wallet provider Xapo, joined PayPal’s board and is part of the company’s compensation committee.
Dan Schulman, president and CEO of PayPal PYPL 2.49% , said of the entrepreneur: “Wences’s unique line of sight into the future of commerce is ideally aligned with PayPal’s vision of transforming the management and movement of money for people around the globe.”
Click here to read the full article on Fortune.
Board to Initiate Search for Successor
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that President and CEO Dan Schulman has informed the Board of Directors of his intention to retire from PayPal on December 31, 2023 and that he will work with the Board on a smooth leadership transition. Schulman will continue to serve on the Board of Directors. The Board will retain a search firm to help find Schulman's successor.
"I'm proud of what we have accomplished at PayPal and of the incredibly talented and committed people I work with every day," said Schulman. "Together, we have reimagined financial services and e-commerce, and worked to improve the financial health of our customers. PayPal makes a difference every day for its customers and communities and the Company is positioned for a great future. It has been a huge privilege to have the opportunity to lead this great company for the past 8 1/2 years. However, I'm at a point in my life where I want to devote more time to my passions outside the workplace. I remain 100 percent committed to working closely with the Board and my eventual successor for a smooth transition and to ensure we keep our positive momentum on track."
John Donahoe , Chairman of the PayPal Board, stated, "Dan has made an extraordinarily positive and lasting impact on PayPal and our people. His decision to retire marks the end of a remarkable run that has seen impressive accomplishments in establishing PayPal as one of the world's most trusted brands and as the leader in democratizing the management and movement of money. He has delivered for our shareholders and other stakeholders. On behalf of the entire Board, I want to thank Dan for his service to date and his commitment to support a smooth transition."
Schulman joined PayPal in 2014 to lead the Company as an independent public company following its separation from eBay. Under his leadership, PayPal's market cap growth has outpaced the S&P 500. Revenues increased from $9.2 billion in 2015 to $27.5 billion in 2022, with total active accounts more than doubling to over 430 million in 200 markets. Total payment volume grew 5X from $288 billion in 2015 to $1.36 trillion in 2022. Under Schulman's leadership, PayPal introduced customer choice and expanded PayPal's partnerships and impact throughout the global payments ecosystem. Schulman was recognized for introducing a groundbreaking employee financial wellness program that strengthened the financial security of PayPal's employees and for initiating and fulfilling PayPal's leading commitment to invest $535 million in closing the racial wealth gap and advance racial equity in the United States .
During Schulman's tenure, PayPal has been named as one of the top companies on JUST Capital and Forbes' JUST 100 list, ranked as one of the world's most trusted brands, and in 2022 was listed first on Fortune's Companies that Change the World list. Schulman's leadership impact has been recognized throughout his tenure at PayPal. In 2022, he received the Committee for Economic Development (CED) Distinguished Leadership Award and was honored by One Hundred Black Men of New York with the 2022 Excellence in Economic Empowerment Award. In 2021, Schulman was ranked third on Fortune's list of the World's Greatest Leaders and awarded Luxembourg's Order of the Oak Crown honor, presented by Prime Minister Xavier Bettel . In 2020, Schulman received the Robert F. Kennedy Human Rights Ripple of Hope Award. In 2019, Schulman was recognized by Endeavor Global for his work to support entrepreneurs around the globe. He received Visionary Awards from the Financial Health Network in 2018 and the Council for Economic Education for his promotion of economic and financial literacy. Schulman has frequently been recognized by Fortune as one of the top 20 Businesspersons of the Year, has been named one of the top 100 Most Creative People by Fast Company and, in 2019, he was named one of Glassdoor's Top 50 CEOs.
Schulman serves on the World Economic Forum's International Business Council, Board of Governors, and Board of Stewards for the Future of Financial and Monetary Systems, and on the Board of Directors of the Business Roundtable. He also serves on the International Advisory Council of the Singapore Economic Development Board.
PayPal will host a conference call to discuss its fourth quarter and full year 2022 results at 2:00 p.m. Pacific time ( 5:00 p.m. Eastern time ) on February 9, 2023 .
About PayPal
PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering hundreds of millions of consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com .
Investor Relations Contacts:
Gabrielle Rabinovitch , grabinovitch@paypal.com
Ryan Wallace , ryanwallace@paypal.com
Media Relations Contacts:
Amanda Miller , amanmiller@paypal.com
Josh Criscoe , jcriscoe@paypal.com
View original content: https://www.prnewswire.com/news-releases/president-and-ceo-dan-schulman-announces-intention-to-retire-from-paypal-at-year-end-301743529.html
SOURCE PayPal Holdings, Inc.
News Provided by PR Newswire via QuoteMedia
FIS ® (NYSE: FIS), a global leader in financial services technology, will announce fourth quarter 2022 financial results on Wed., Feb. 15, 2023, prior to market open.
The company will sponsor a live webcast of its earnings conference call with the investment community beginning at 8:30 a.m. (EST) the same day. To access the webcast, go to the Investor Relations section of FIS' homepage, www.fisglobal.com . A replay will be available after the conclusion of the live webcast.
About FIS
FIS is a leading provider of technology solutions for financial institutions and businesses of all sizes and across any industry globally. We enable the movement of commerce by unlocking the financial technology that powers the world's economy. Our employees are dedicated to advancing the way the world pays, banks and invests through our trusted innovation, system performance and flexible architecture. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500 ® and the Standard & Poor's 500 ® Index. To learn more, visit www.fisglobal.com . Follow FIS on Facebook , LinkedIn and Twitter ( @FISGlobal ).
View source version on businesswire.com: https://www.businesswire.com/news/home/20230203005052/en/
Kim Snider
Senior Vice President
FIS Global Marketing and Corporate Communications
904.438.6278
kim.snider@fisglobal.com
George Mihalos
Senior Vice President
Head of Investor Relations
904.438.6119
georgios.mihalos@fisglobal.com
News Provided by Business Wire via QuoteMedia
Intuit's platform behind TurboTax Live connects people to experts and helps build customer confidence, while driving personalized experiences at scale and reducing tax filing time
Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax , Credit Karma , QuickBooks , and Mailchimp , has introduced artificial intelligence (AI) enhancements for its Virtual Expert Platform to drive highly-personalized experiences, connecting consumers with experts and reducing tax filing time with its portfolio of TurboTax Live products.
As an AI innovator and industry leader serving more than 100 million consumer and small business customers worldwide, Intuit incorporates AI technologies—including machine learning, natural language processing, and knowledge engineering—to seamlessly blend digital and live human experts on the platform behind the company's TurboTax Live and QuickBooks Live products and services.
For the 2022 tax season, a combination of AI automation and augmentation is benefiting taxpayers and tax professionals alike. Now, with TurboTax Live Full Service , customers can be matched immediately to a tax expert from Intuit's nationwide network to complete tax preparation from start to finish in a single session, rather than over the course of a few days.
"This tax season, AI will supercharge experts and experts will supercharge AI, helping to deliver advice at scale for customers and experts," said Intuit Chief Data Officer Ashok Srivastava. "Intuit offers augmented intelligence that sits on the shoulders of its experts. With each interaction, our platform gets smarter, driving further automation of repetitive tasks, increasing accuracy, and allowing experts to focus on providing faster value to customers. Our goal is to cut filing times substantially by streamlining consumer and expert experiences with TurboTax Live Full Service."
Enhanced and optimized AI advancements include:
Intuit's Virtual Expert Platform is one example of how Intuit is fueling innovation through a common financial technology platform architecture shared by all of the company's products and solutions to accelerate innovation at scale for its consumer and small business customers.
About Intuit
Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With more than 100 million customers worldwide using TurboTax , Credit Karma , QuickBooks , and Mailchimp , we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit , our products and services, and find us on social .
This information is intended to outline general product direction, but represents no obligation and should not be relied on in making a purchasing decision. Additional terms, conditions and fees may apply with certain features and functionality. Eligibility criteria may apply. Product offers, features, functionality are subject to change without notice.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230201005281/en/
Bruce Chan
bruce_chan@intuit.com
News Provided by Business Wire via QuoteMedia
New survey from Intuit reveals Gen Z finds politics and sex easier to talk about than finances, and how the "soft life" TikTok trend is shaping the way they save … or don't save
Generation Z, the first generation of digital natives who are more than twice as likely* to compare themselves to others on social media, feel like they are falling behind their peers financially, according to a new survey by Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax , Credit Karma , QuickBooks , and Mailchimp .
Just as heavily doctored images of beauty on Instagram contribute to insecurities, "filtered finances" are having a massive impact on 18 to 25-year-olds. Increasingly, honest conversations around formerly taboo subjects are the norm. But new data shows that Gen Z would rather talk about politics, parenting struggles, sex, and infertility than debt, their salaries, and bad investments. In fact, despite their modern lives, they are part of the 50% of Americans who would rather talk to their children about sex than speak to them about their own finances.
Survey data also identified a new trend: "soft saving"—the financial spinoff of the boundary-setting "soft life" trend focused on comfort and minimizing stress. Currently taking over TikTok feeds, this philosophy extends to money. A stark departure from the FIRE (Financial Independence, Retire Early) movement, hustle culture, and the Girlboss ethos dominating the past decade, Gen Z is embracing "soft saving." Nearly 3 in 4 Gen Zers say they would rather have a better quality of life than extra money in the bank. In fact, experiences matter more than money to Gen Z, as 66% say they are only interested in finances as a means to support their current interests.
Gen Z has more access to financial information than any other generation, but this doesn't always translate into decision-making. From financial tips on TikTok to Reddit forums on investing, the survey illustrates that Gen Z is frequently paralyzed by conflicting advice and could benefit from new ways to save:
"The economic shocks of the last few years have transformed how Gen Z views success, and this survey revealed that prosperity means something different to everyone, particularly Zoomers," said Brittney Castro, Intuit consumer financial advocate. "At Intuit, we believe that everyone should have the ability to prosper—however they define that for themselves. Intuit is delivering innovative and personalized financial solutions through TurboTax, Credit Karma, QuickBooks and Mailchimp that our customers need to make more money, save time, and build confidence."
Additional survey findings include:
Full survey results can be viewed here . For more information on Intuit and how the company is helping its customers make more money, save time, and build confidence when it comes to their personal or business finances, visit www.intuit.com .
*Statistics from 2022 Intuit survey of 2,000 US consumers ages 18+. Gen Z is more than twice as likely to compare themselves to others on social media (32% vs. 14% US general population).
Survey methodology
The Intuit Prosperity Index Survey was conducted Dec. 2-9, 2022, via a 15-minute online questionnaire. Intuit surveyed 2,000 Americans ages 18+, plus an additional oversample of Gen Z (ages 18-25) to discover current attitudes around money and personal finance.
About Intuit
Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With more than 100 million customers worldwide using TurboTax , Credit Karma , QuickBooks , and Mailchimp , we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit , our products and services, and find us on social .
View source version on businesswire.com: https://www.businesswire.com/news/home/20230131005433/en/
Intuit
Karen Nolan
karen_nolan@intuit.com
News Provided by Business Wire via QuoteMedia
(all amounts are expressed in millions of U.S. dollars, excluding per share amounts and unless otherwise stated)
Real Matters Inc. (TSX: REAL) ("Real Matters" or the "Company"), a leading network management services platform for the mortgage and insurance industries, today announced its financial results for the first quarter ended December 31, 2022.
"We made solid progress in the first quarter as we continued to win market share, added new clients, and achieved record high Net Revenue (A) margins in our U.S. Appraisal segment," said Real Matters Chief Executive Officer Brian Lang. "At the same time, we continued to optimize headcount and manage our cost base to align with the current lower volume environment, which allowed us to maintain sequentially flat Adjusted EBITDA (A) in our U.S. Title segment."
"Real Matters has a strong balance sheet which provides us with the flexibility needed to manage the business through the current mortgage market downturn. As we look forward to a recovering mortgage market, we feel confident in our ability to scale back up in both Appraisal and Title. We remain positive about the size of the opportunity for our business and our ability to grow market share and achieve our fiscal 2025 objectives," concluded Lang.
Q1 2023 Highlights
Financial and Operational Summary
(millions of dollars)
Quarter ended
2023
2022
2022
2022
2022
% Change
Q1
Q4
Q3
Q2
Q1
Quarter
over
Quarter
Year
over
Year
Consolidated
Revenue
$
38.2
$
58.2
$
78.7
$
95.0
$
107.8
-34.4%
-64.6%
Net Revenue (A)
$
9.8
$
14.4
$
18.1
$
24.2
$
28.8
-31.9%
-65.9%
Adjusted EBITDA (A)
$
(2.9)
$
(1.1)
$
0.1
$
2.5
$
5.9
-163.6%
-149.7%
Net (loss) income
$
(4.6)
$
(10.0)
$
(1.4)
$
(0.5)
$
2.6
53.7%
-275.2%
Net (loss) income per diluted share
$
(0.06)
$
(0.14)
$
(0.02)
$
(0.01)
$
0.03
57.1%
-300.0%
Adjusted Net (loss) income (A)
$
(2.1)
$
–
$
(2.3)
$
1.3
$
3.5
0.0%
-160.0%
Adjusted Net (loss) income (A) per diluted share
$
(0.03)
$
–
$
(0.03)
$
0.02
$
0.04
0.0%
-175.0%
U.S. Appraisal segment
Revenue
$
28.3
$
43.9
$
57.3
$
70.4
$
79.4
-35.5%
-64.4%
Net Revenue (A)
$
7.6
$
11.1
$
12.9
$
15.1
$
16.4
-31.5%
-53.4%
Net Revenue (A) margin
27.0%
25.4%
22.6%
21.4%
20.6%
Adjusted EBITDA (A)
$
2.3
$
4.5
$
6.1
$
7.9
$
8.6
-48.9%
-72.7%
Adjusted EBITDA (A) margin
30.4%
41.0%
47.0%
52.1%
51.9%
U.S. Title segment
Revenue
$
2.4
$
4.0
$
5.6
$
10.8
$
16.2
-40.0%
-85.4%
Net Revenue (A)
$
0.8
1.8
$
3.3
7.2
$
10.8
-55.6%
-92.4%
Net Revenue (A) margin
34.7%
44.1%
59.2%
67.1%
66.4%
Adjusted EBITDA (A)
$
(2.9)
$
(2.9)
$
(3.4)
$
(2.2)
$
0.4
0.0%
-755.7%
Adjusted EBITDA (A) margin
-353.4%
-167.5%
-103.1%
-30.1%
4.1%
Canadian segment
Revenue
$
7.5
$
10.3
$
15.8
$
13.8
$
12.2
-27.2%
-38.3%
Net Revenue (A)
$
1.4
$
1.5
$
1.9
$
1.9
$
1.6
-6.7%
-18.1%
Net Revenue (A) margin
17.9%
14.3%
12.1%
13.4%
13.5%
Adjusted EBITDA (A)
$
0.9
$
1.0
$
1.3
$
1.3
$
0.9
-10.0%
-8.9%
Adjusted EBITDA (A) margin
64.2%
65.0%
69.6%
67.3%
57.7%
Corporate segment
Adjusted EBITDA (A)
$
(3.2)
$
(3.7)
$
(3.9)
$
(4.5)
$
(4.0)
13.5%
18.6%
Conference Call and Webcast
A conference call to review the results will take place at 10:00 a.m. (ET) on Friday, January 27, 2023, hosted by Chief Executive Officer Brian Lang and Chief Financial Officer Bill Herman. An accompanying slide presentation will be posted to the Investor section of our website shortly before the call.
To access the call:
To listen to the live webcast of the call:
The webcast will be archived and a transcript of the call will be available in the Investor section of our website following the call.
(A) Non-GAAP Measures
The non-GAAP measures used in this Press Release, including Net Revenue, Adjusted EBITDA and Adjusted Net Income do not have a standardized meaning prescribed by International Financial Reporting Standards and are therefore unlikely to be comparable to similar measures presented by other issuers. These non-GAAP measures are more fully defined and discussed in the Company's MD&A for the three months ended December 31, 2022 under the heading "Non-GAAP measures", which is incorporated by reference in this Press Release and available on SEDAR at www.sedar.com .
Real Matters financial results for the three months ended December 31, 2022 are included in the unaudited condensed consolidated financial statements and the accompanying MD&A, each of which are available on SEDAR at www.sedar.com . In addition, supplemental information is available on our website at www.realmatters.com .
Net Revenue represents the difference between revenues and transaction costs. Net Revenue margin is calculated as Net Revenue divided by Revenues. The reconciling items between net income or loss and Net Revenue were as follows:
Quarter ended
Q1 2023
Q4 2022
Q3 2022
Q2 2022
Q1 2022
Net (loss) income
$
(4.6)
$
(10.0)
$
(1.4)
$
(0.5)
$
2.6
Operating expenses
13.2
15.7
18.3
22.3
23.2
Amortization
1.0
1.1
1.1
1.2
1.2
Loss on disposal of property and equipment
–
0.4
–
0.2
–
Other non-operating costs
–
–
–
–
0.1
Restructuring expenses
1.3
1.0
0.6
–
–
Impairment of goodwill
–
17.3
–
–
–
Interest expense
0.1
0.1
0.1
0.1
0.1
Interest income
(0.1)
(0.1)
–
–
–
Net foreign exchange loss (gain)
1.0
(5.0)
(2.6)
1.3
0.5
Loss on fair value of derivatives
–
–
–
–
–
Gain on fair value of warrants
–
–
–
(0.1)
(0.2)
Income tax (recovery) expense
(2.1)
(6.1)
2.0
(0.3)
1.3
Net Revenue
$
9.8
$
14.4
$
18.1
$
24.2
$
28.8
Adjusted EBITDA represents net income or loss before stock-based compensation expense, amortization, other non-operating costs, restructuring expenses, interest expense, interest income, net foreign exchange gain or loss, gain or loss on fair value of derivatives, gain or loss on fair value of warrants and income tax expense or recovery. Adjusted EBITDA margin is calculated as Adjusted EBITDA divided by Net Revenue. The reconciling items between net income or loss and Adjusted EBITDA were as follows:
Quarter ended
Q1 2023
Q4 2022
Q3 2022
Q2 2022
Q1 2022
Net (loss) income
$
(4.6)
$
(10.0)
$
(1.4)
$
(0.5)
$
2.6
Stock-based compensation expense
0.5
0.2
0.3
0.6
0.3
Amortization
1.0
1.1
1.1
1.2
1.2
Loss on disposal of property and equipment
–
0.4
–
0.2
–
Other non-operating costs
–
–
–
–
0.1
Restructuring expenses
1.3
1.0
0.6
–
–
Impairment of goodwill
–
17.3
–
–
–
Interest expense
0.1
0.1
0.1
0.1
0.1
Interest income
(0.1)
(0.1)
–
–
–
Net foreign exchange loss (gain)
1.0
(5.0)
(2.6)
1.3
0.5
Loss on fair value of derivatives
–
–
–
–
–
Gain on fair value of warrants
–
–
–
(0.1)
(0.2)
Income tax (recovery) expense
(2.1)
(6.1)
2.0
(0.3)
1.3
Adjusted EBITDA
$
(2.9)
$
(1.1)
$
0.1
$
2.5
$
5.9
The reconciling items between net income or loss and Adjusted Net Income or Loss were as follows:
Quarter ended
Q1 2023
Q4 2022
Q3 2022
Q2 2022
Q1 2022
Net (loss) income
$
(4.6)
$
(10.0)
$
(1.4)
$
(0.5)
$
2.6
Stock-based compensation expense
0.5
0.2
0.3
0.6
0.3
Amortization of intangibles
0.4
0.4
0.3
0.3
0.4
Other non-operating costs
–
–
–
–
0.1
Restructuring expenses
1.3
1.0
0.6
–
–
Impairment of goodwill
–
17.3
–
–
–
Net foreign exchange loss (gain)
1.0
(5.0)
(2.6)
1.3
0.5
Loss on fair value of derivatives
–
–
–
–
–
Gain on fair value of warrants
–
–
–
(0.1)
(0.2)
Related tax effects
(0.7)
(3.9)
0.5
(0.3)
(0.2)
Adjusted Net (Loss) Income
$
(2.1)
$
–
$
(2.3)
$
1.3
$
3.5
Forward-Looking Information
This Press Release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Words such as "could", "forecast", "target", "may", "will", "would", "expect", "anticipate", "estimate", "intend", "plan", "seek", "believe", "likely" and "predict" and variations of such words and similar expressions are intended to identify such forward-looking information, although not all forward-looking information contains these identifying words.
The forward-looking information in this Press Release includes statements which reflect the current expectations of management with respect to our business and the industry in which we operate and is based on management's experience and perception of historical trends, current conditions and expected future developments, as well as other factors that management believes appropriate and reasonable in the circumstances. The forward-looking information reflects management's beliefs based on information currently available to management, including information obtained from third party sources, and should not be read as a guarantee of the occurrence or timing of any future events, performance or results.
The forward-looking information in this Press Release is subject to risks, uncertainties and other factors that are difficult to predict and that could cause actual results to differ materially from historical results or results anticipated by the forward-looking information. A comprehensive discussion of the factors which could cause results or events to differ from current expectations can be found in the "Risk Factors" section of our Annual Information Form for the year ended September 30, 2022, which is available on SEDAR at www.sedar.com .
Readers are cautioned not to place undue reliance on the forward-looking information, which reflect our expectations only as of the date of this Press Release. Except as required by law, we do not undertake to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.
About Real Matters
Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters' platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest insurance companies in North America. We are a leading independent provider of residential real estate appraisals to the mortgage market and a leading independent provider of title services in the U.S. Headquartered in Markham (ON), Real Matters has principal offices in Buffalo (NY) and Middletown (RI). Real Matters is listed on the Toronto Stock Exchange under the symbol REAL. For more information, visit www.realmatters.com .
View source version on businesswire.com: https://www.businesswire.com/news/home/20230127005062/en/
For more information:
Lyne Beauregard
Vice President, Investor Relations and Corporate Communications
Real Matters
lbeauregard@realmatters.com
416.994.5930
News Provided by Business Wire via QuoteMedia
Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax , Credit Karma , QuickBooks , and Mailchimp will announce its second-quarter financial results for fiscal year 2023 on February 23, 2023, following the close of market. The company's second quarter ends on January 31, 2023.
Intuit executives will discuss the financial results on a conference call at 1:30 p.m. Pacific time on February 23. The conference call can be heard live at http://investors.intuit.com/Events/default.aspx . Prepared remarks for the call will be available on Intuit's website after the call ends.
Replay Information
A replay of the conference call will be available for one week by calling 800-770-2030, or 609-800-9909 from international locations. The passcode is 6854059. The audio webcast will remain available on Intuit's website for one week after the conference call.
About Intuit
Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With more than 100 million customers worldwide using TurboTax , Credit Karma , QuickBooks , and Mailchimp , we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit , our products and services, and find us on social .
View source version on businesswire.com: https://www.businesswire.com/news/home/20230126005002/en/
Investors
Lisa Patterson
Intuit Inc.
650-944-2713
lisa_patterson@intuit.com
Media
Abby Smith
Intuit Inc.
408-839-6028
abby_smith@intuit.com
News Provided by Business Wire via QuoteMedia
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.
