David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

Accumulated depreciation is used to calculate an asset's net book value, which is the value of an asset carried on the balance sheet. The formula for net book value is the cost of the asset minus ...

(NASDAQ: PI), a leading RAIN RFID provider and Internet of Things pioneer, today released its financial results for the f ...

Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the second quarter of fiscal 2025 (“Q2 2025”). Q2 2025 performance: (1) Average exchange rates applicable for the quarter: ...

This is calculated by subtracting the accumulated depreciation from the cost of the asset. It is an established accounting practice that an asset is held based on its original costs, even if the ...

Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter and full year ended December 31, 2024.

For the second quarter of fiscal 2025, Symbotic expects revenue of $510 million to $530 million, and adjusted EBITDA 2 of $26 million to $30 million. Symbotic will host a webcast today at 5:00 pm ET ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...

Lucky Strike Entertainment (NYSE: LUCK), one of the world’s premier operators of location-based entertainment, today provided ...