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Financial results Stories - Page 30

Kiwi Stories

Financial results stories

The strategy behind Kiwi Property’s success
Education, Learning & Training

The strategy behind Kiwi Property’s success

Its portfolio value rose to GBP £3.5 billion as occupancies stayed near full and new build-to-rent projects were launched despite lockdown pressures.

By Michael Curreen • 4 min read • Mon, 22nd Nov 2021
Digital solutions to the financial complexities of construction
Software-as-a-Service

Digital solutions to the financial complexities of construction

Payment disputes and tougher retention rules are pushing construction firms towards digital tools to avoid fines and delays.

By Michael Curreen • 6 min read • Wed, 3rd Nov 2021
Westcon NZ posts $17.6m revenue drop with little effect on profit
Supply Chain

Westcon NZ posts $17.6m revenue drop with little effect on profit

Westcon Group NZ revenue drops by $17.6m to $134.4m in 2021, but profits only dip by $117k due to cost savings. COVID-19 impact monitored.

By Staff Writer • 2 min read • Tue, 3rd Aug 2021
Datacom Group profit up 84%
Storage

Datacom Group profit up 84%

Datacom Group, a leading tech company, has reported a nearly doubled profit of $35m, thanks to increased demand for digital services.

By RNZ • 2 min read • Tue, 6th Jul 2021

Global Stories

Financial results stories

Apple's NZ sales arm reports $28m profit as revenue climbs
Apple

Apple's NZ sales arm reports $28m profit as revenue climbs

Apple's New Zealand sales arm has reported a $28.8 million profit for the last financial year, up from $23.4 m in 2020.

By Staff Writer • 2 min read • Wed, 26th Jan 2022
40% of orgs to embed sustainability into operations by 2024 - IDC releases top predictions
Supply Chain

40% of orgs to embed sustainability into operations by 2024 - IDC releases top predictions

Strong financial outcomes and sustainability focused leadership is required for long term impact, according to a new report from IDC.

By Catherine Knowles • 4 min read • Mon, 17th Jan 2022
Worldwide market for smart home devices holds steady amid disruption
Digital Signage

Worldwide market for smart home devices holds steady amid disruption

Smart home device market sees steady growth despite supply chain disruptions and economic challenges, according to IDC.

By Staff Writer • 2 min read • Tue, 14th Dec 2021
Mobile eCommerce: In-app shopping set to reach an all-time high
EduTech

Mobile eCommerce: In-app shopping set to reach an all-time high

In-app shopping set to reach all-time high as mobile commerce continues to dominate, according to a study by Adjust and Sensor Tower.

By Mitchell Hageman • 3 min read • Wed, 1st Dec 2021
Adoption of cloud sees continued growth for Workday
Data Analytics

Adoption of cloud sees continued growth for Workday

Workday sees 20% increase in Q3 revenue, with more than 70% of financial services firms in the Fortune 500 as customers.

By Staff Writer • 4 min read • Mon, 29th Nov 2021
Gartner reveals worldwide AI software revenue to hit $62.5bn, up 21.3%
Artificial Intelligence

Gartner reveals worldwide AI software revenue to hit $62.5bn, up 21.3%

Worldwide artificial intelligence (AI) software revenue is forecast to reach US$62.5bn in 2022, up 21.3% from 2021, says Gartner.

By Catherine Knowles • 3 min read • Thu, 25th Nov 2021
Gartner: eCommerce will soon be the most important sales channel
eCommerce

Gartner: eCommerce will soon be the most important sales channel

eCommerce will be essential for organisations in the near future, with 86% of marketing leaders agreeing on its importance, according to Gartner.

By Staff Writer • 3 min read • Fri, 5th Nov 2021
Only 11% of global execs see significant financial benefits from AI initiatives
Artificial Intelligence

Only 11% of global execs see significant financial benefits from AI initiatives

Only 11% of global execs are reaping significant financial benefits from their AI initiatives, a study reveals.

By Shannon Williams • 4 min read • Thu, 4th Nov 2021
IT services revenue to hit $1.1 trillion this year — IDC
Digital Transformation

IT services revenue to hit $1.1 trillion this year — IDC

Global IT and business services revenue is estimated to grow by 3.4% this year, according to new data from IDC.

By Staff Writer • 2 min read • Mon, 18th Oct 2021
Finance sector vulnerable to rising cyberattacks
Cybersecurity

Finance sector vulnerable to rising cyberattacks

Finance sector in the UK hit by an average of 60 cyberattacks per year, with firms ill-prepared to combat them, according to a report by Keeper Security.

By Shannon Williams • 3 min read • Wed, 29th Sep 2021
Alphabet publishes Q2 2021 financial results showing Google in fine form
Hyperscale

Alphabet publishes Q2 2021 financial results showing Google in fine form

Alphabet's Q2 2021 financial results show significant growth, with revenue of $61.9bn and operating income of $19.4bn. Google's advertising revenue also soared.

By Staff Writer • 3 min read • Mon, 2nd Aug 2021
Five ways businesses can increase profitability from loyalty programs
eCommerce

Five ways businesses can increase profitability from loyalty programs

Loyalty programs that focus on genuine customer relationships can deliver significant value to organizations, driving repeat business and growth.

By Christopher Carroll • 4 min read • Mon, 26th Jul 2021
LG Electronics Australia posts $15.8m profit for FY 2020
Financial results

LG Electronics Australia posts $15.8m profit for FY 2020

The company's New Zealand branch also received NZ$203,858 in wage subsidies from the New Zealand government during COVID-19 lockdowns in 2020.

By Staff Writer • 2 min read • Thu, 1st Jul 2021
Zoom's first-quarter financial results nearly 1 billion, up 191% year over year
Unified Communications

Zoom's first-quarter financial results nearly 1 billion, up 191% year over year

Zoom's financial results for the first quarter of 2021 have a total revenue of $956.2 million, up 191% year over year.

By Ryan Morris-Reade • 2 min read • Thu, 3rd Jun 2021