SCHW's Q3 earnings beat estimates on higher net interest revenues and trading activity, but shares slid over 4.5% pre-market as revenues missed expectations.
SCHW's Q3 earnings are expected to have benefited from robust trading activity, higher NIR and asset management fees, but rising expenses pose challenges.
SCHW shares dip despite Q2 earnings beat as robust trading, asset management performance and higher NIR offset rising expenses.
| Software Industry | Information Technology Sector | Gladys Kong CEO | NASDAQ (NMS) Exchange | 639494103 CUSIP |
| US Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Near Intelligence, Inc. operates as a global cloud-based data intelligence platform, providing intricate data analysis across a diverse range of industries including retail, restaurants, automotive, real estate, media technology, government, financial services, travel, and tourism. With operations spanning Australia, France, India, Japan, Singapore, the United Kingdom, the United States, and the United Arab Emirates, the company presents a broad international footprint. Near Intelligence, Inc. brings to market innovative products such as Allspark, Pinnacle, and Vista, aimed at refining marketing intelligence, consumer insights, and operational efficiency. Founded in 2012 and headquartered in Pasadena, California, the company made a significant business move by filing for Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Delaware on December 8, 2023, indicating a restructuring phase to address its financial positioning.