Financial results Stories - Page 13

Global Stories

Financial results stories

IREN's Q1 FY25 results reveal shift in mining & AI focus

IREN reported Q1 FY25 results, revealing USD $49.6 million in Bitcoin mining revenue and a net loss of USD $51.7 million amid expanding AI cloud services.

By Kaleah Salmon • 3 min read • Fri, 29th Nov 2024

Unified Communications

Zoom financials reveal moderate growth in AI sector push

Zoom Communications has reported a 3.6% increase in revenue for Q3 2025, reaching USD $1,177.5 million, while key AI innovations drive user growth.

By Shannon Williams • 3 min read • Fri, 29th Nov 2024

Cloud Security

CrowdStrike surpasses USD $4 billion in annual revenue

CrowdStrike has announced a remarkable achievement, surpassing USD $4 billion in annual recurring revenue, marking significant growth in its latest quarterly results.

By Melania Watson • 4 min read • Wed, 27th Nov 2024

Hyperscale

HMC Capital acquires iseek platform for AUD $400 million

HMC Capital has acquired data centre platform iseek for AUD $400 million, enhancing its strategy to launch a Global Digital Infrastructure Platform.

By Sean Mitchell • 3 min read • Fri, 15th Nov 2024

Software-as-a-Service

Catapult reports 20% rise in ACV & strong revenue growth

Catapult has reported a 20% rise in Annualised Contract Value to USD $96.8 million and significant revenue growth of 19% to USD $57.8 million for H1 FY25.

By Melania Watson • 4 min read • Thu, 14th Nov 2024

Commvault

Commvault reports 16% rise in Q2 revenue, boosts outlook

Commvault has reported a robust financial performance for Q2 fiscal 2025, with revenues rising 16% to USD $233.3 million and subscription revenue up 37%.

By Imee Dequito • 2 min read • Wed, 30th Oct 2024

Enterprise Content Management

Newgen Software reports 23% rise in Q2 revenues to INR 361 Cr

Newgen Software has announced robust Q2 results for fiscal 2025, with revenues up 23% to INR 361 crore and profits surging 47% to INR 70 crore.

By Shannon Williams • 3 min read • Fri, 18th Oct 2024

Cloud Access Security Broker

Westcon-Comstor expands Broadcom partnership in APAC region

Westcon-Comstor has been named an inaugural Catalyst Partner under Broadcom's Enterprise Security Group, securing sole APAC distribution rights for Symantec and Carbon Black.

By Catherine Knowles • 3 min read • Mon, 9th Sep 2024

Stories from Other Regions

Financial results stories

Harvey Norman

Harvey Norman reports mixed Financial Results for FY2024

Harvey Norman New Zealand reports a 6.1% drop in revenue to NZD $1.05 billion for FY2024, yet maintains profitability with a net profit of NZD $33.4 million.

By Melania Watson • 3 min read • Tue, 14th Jan 2025

Financial results

MTF reports record USD $1.1bn receivables for FY24

MTF reported a strong performance for the 2024 fiscal year, with finance receivables hitting USD $1.1 billion, reflecting ongoing demand for its lending products.

By Kaleah Salmon • 2 min read • Fri, 6th Dec 2024

Harvey Norman

Harvey Norman reports financial turnaround despite decline in revenue

Harvey Norman reports a turnaround with a profit of NZD 9.86 million for the year despite a 10.4% fall in revenue to NZD 62.04 million.

By Imee Dequito • 3 min read • Tue, 3rd Dec 2024

Supply Chain

JB Hi-Fi reports financial challenges amid increased revenue

JB Hi-Fi NZ reported a 12.3% revenue increase to NZD $327.9 million for FY2024 but faced significant losses due to rising operating expenses.

By Imee Dequito • 3 min read • Tue, 3rd Dec 2024

Software-as-a-Service

Infinigate reports GBP £1.2 billion revenue, 14% growth

Infinigate has reported a revenue of GBP £1.2 billion for H1 2024-2025, marking a 14% year-on-year growth despite economic challenges.

By Shannon Williams • 3 min read • Fri, 8th Nov 2024

Apple

Apple New Zealand's local revenues and profits decline

Apple New Zealand has reported a revenue drop to $1.14 billion and a net profit decline to $22.8 million for the fiscal year ending June 2024.

By Melania Watson • 3 min read • Wed, 6th Nov 2024

Digital Transformation

Oracle New Zealand reports solid financial performance for FY 2024

Oracle New Zealand has reported stable growth for FY 2024, revealing increased revenue and a healthy profit margin amid challenging market conditions.

By Imee Dequito • 3 min read • Wed, 6th Nov 2024

Artificial Intelligence

Seeing Machines reports 17% revenue rise to USD $67.6m

Seeing Machines has reported a 17% revenue increase to USD $67.6 million for the year ending June 2024, buoyed by regulatory trends in transport.

By Melania Watson • 4 min read • Fri, 1st Nov 2024

Unified Communications

HCLTech posts strong Q2 growth, highlights AI successes

HCLTech has reported a 6.8% revenue increase to USD $3.4 billion for Q2, driven by growth in its software business and strong GenAI solutions.

By Imee Dequito • 3 min read • Wed, 16th Oct 2024

Displays

NEC New Zealand reports over $1m loss for FY24 amid revenue growth

NEC New Zealand reports a pre-tax loss of NZD $1.098 million for FY24 despite a 9.2% revenue rise, grappling with increased inventory costs and shifting market demands.

By Melania Watson • 4 min read • Tue, 1st Oct 2024

Supply Chain

Toshiba Australia reports modest growth for the year ending March 2024

Toshiba reports modest growth for the year ending March 2024, with steady revenue increases balancing rising operational costs and strategic investments.

By Melania Watson • 4 min read • Thu, 5th Sep 2024

Partner Programmes

NTT New Zealand reports reduced losses but faces challenges

NTT New Zealand cuts net loss to NZD $17.3M but remains in deficit amid declining revenues and rising interest costs, challenging its financial stability.

By Imee Dequito • 4 min read • Thu, 5th Sep 2024