Revenue

Financial News Glossary: Revenue

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Revenue

Revenue is the money you collect for providing a product or service.

Revenue is different from earnings, which is what's left of your revenue after subtracting the costs of producing or delivering the product or service and any taxes you paid on the amount you took in.

When corporations release their financial statements, those that provide services, such as power or telecommunications companies, describe their income as revenues, while those that manufacture products, such as lightbulbs or books, describe their income as sales.

The money a government collects in taxes is also called revenue. The US body that collects those taxes is called the Internal Revenue Service (IRS). In the United Kingdom, it's Inland Revenue.

Financial News: revenue

Article
Kraft Foods said Tuesday it will maintain a 'disciplined approach' in its pursuit of Cadbury and reiterated there is 'compelling strategic and financial rationale' to merge the two companies.
12/15/09 2:42AM
Article
Governors side with Ohio over satellite TV tax, lawsuit filed in state Supreme Court
12/14/09 11:14PM
Article
Standard & Poor's downgrades Mexico's credit ratings over falling revenues
12/14/09 8:33PM
Article
Addition of Hiter Group & Valvulas Crosby Deepens Footprint in South America
12/14/09 7:00PM
Article
Google aims for more influence over mobile Web surfing with development of its own smart phone
12/14/09 6:59PM
Article
The company is well positioned for the launch of a software upgrade.
12/14/09 6:35PM
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Note:This information is provided with the understanding that the authors and publishers are not engaged in rendering financial, accounting or legal advice, and they assume no legal responsibility for the completeness or accuracy of the contents. The text is based on information available at time of publication. Readers should consult a financial professional about their own situation before acting on any information
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