Tag: Cash flow

BusinessInnovationSoftware

Finance Chiefs Accelerate Payment Cycles as Cash Velocity Emerges as Critical Performance Metric

Corporate finance leaders are racing to collapse payment cycles and automate reconciliation processes as cash velocity becomes the ultimate measure of competitive advantage. According to new research, seconds now separate market leaders from laggards in today’s volatile business environment.

The New Frontier of Financial Competition

Chief financial officers are increasingly treating cash flow velocity as a strategic weapon rather than a backward-looking metric, according to reports from a new industry collaboration. The concept of “Time to Cash™” is emerging as the new key performance indicator that finance leaders are using to gauge business resilience in uncertain economic times.

by Aaron Blake
BusinessEnergyManufacturing

GE Vernova Stock Dips Despite Robust Earnings and Record Backlog – Analysts Spot Opportunity

GE Vernova reported a 12% revenue surge and a 55% jump in orders, yet its shares declined. Experts suggest the sell-off may be temporary, pointing to the firm’s $135 billion backlog and strategic acquisitions.

Earnings Overview and Market Reaction

GE Vernova shares experienced a downturn this week, dropping as much as 7% despite posting stronger-than-expected third-quarter earnings, according to financial reports. The energy equipment manufacturer reportedly saw revenue rise 12% year-over-year to $9.97 billion, surpassing analyst projections of $9.16 billion. Organic revenue growth reached 10%, significantly exceeding estimates, while adjusted earnings per share came in at $1.64, slightly above expectations.

by Aaron Blake
FintechStartups

Upgrade Valued at $7.3 Billion in Latest Funding Round as IPO Plans Advance

Upgrade has secured $165 million in new funding, valuing the fintech startup at $7.3 billion. CEO Renaud Laplanche indicates the company is 12-18 months from an IPO while reporting annualized revenue exceeding $1 billion.

Fintech Unicorn Upgrade Reaches $7.3 Billion Valuation

Online lending platform Upgrade, founded by LendingClub creator Renaud Laplanche, has reportedly reached a $7.3 billion valuation following a new $165 million funding round. According to reports, the investment was led by Neuberger Berman with participation from LuminArx Capital Management, marking the company’s first capital raise since 2021.

by Aaron Blake