Financial results stories
Spark New Zealand thrives amidst major Agile shift, posting a $35m revenue increase and robust operational gains.
New Zealand's highest revenue distie has released their financial report for FY17 and, while revenue is up, net profit has taken a down turn.
Jade Software achieved a USD $1.4 million net profit in 2017 following a major restructure and is now largely held by Skipton Building Society.
Microsoft has released its latest financial results, and albeit one disappointment it's good news for shareholders.
The latest financial results for IBM have revealed a disappointment for investors as the tech giant missed almost all of its targets.
With a $5m growth in revenue and 92,000 more customers over the last year, Vodafone remains in a strong position despite $7.7m less profit than 2017.
There may be less money to play with but the company had a very busy year with a series of new data centre launches revenues rising 31 percent.
MYOB is on track to reach one million online subscribers by 2020, reporting a 7% rise in revenue to NZD $239.3 million and a 61% growth in subscribers.
Lenovo has announced its results for its first fiscal quarter and they paint a pretty picture with double-digit growth across the company.
Equinix has brought around its 20th anniversary in style after announcing the doubling of its APAC revenue in the last 5 years.
Datacom Group reports 9.3% revenue growth to NZ$1.27bn for FY2018, marking 20 years of continuous revenue growth.
Microsoft reports impressive Q2 results with revenue of $30.1bn, up 17%, and operating income of $10.4bn, up 35%.
IDC found with the ongoing influx of digital transformation, cloud service providers have a high degree of confidence in their business outlook.
The company will re-align its business under three distinct segments and undergo significant restructuring operations.
A real estate investment trust has revealed the value of two recent data center sales, with the total sum exceeding $85 million.
Oracle's FY18 revenue grew 6% to USD $39.8 billion, driven by robust cloud service and license support revenues, which rose 10% to USD $26.3 billion.
Nutanix reports 41% YoY revenue growth in Q3 2018, reaching $289.4m, supported by a shift toward increasing software revenue.
NBN reports a 112% revenue increase for Q3, hitting AUD $1.4 billion, thanks to service initiatives, with active connections up by 1.7 million year-over-year.
Xero improved operating and investing cash flow margins from 71% to 9% over three years and grew revenue at a CAGR of 49% over the same period.
SaaS platform contract revenue has grown 51% and revenue from cloud offerings by 217%, leading to a total of $120m in revenue over this half-year.