Financial results Stories - Page 14

Global Stories

Financial results stories

Okta boosts security with new identity management tools

Okta has launched new identity management tools, including Identity Security Posture Management, aimed at enhancing security for financial services amid escalating cyber threats.

By Imee Dequito • 4 min read • Fri, 30th Aug 2024

Marketing Technologies

Snowflake posts strong Q2 results with 30% revenue growth

Snowflake reports Q2 fiscal 2025 revenue of USD $868.8 million, a 29% YoY growth. Product revenue rose 30% to USD $829.3 million.

By Shannon Williams • 3 min read • Mon, 26th Aug 2024

Artificial Intelligence

Workday reports USD $2.085 billion revenue, unveils new services

Workday's revenue surged to USD $2.085 billion in Q2, up 16.7%. It also rolled out new global payroll services to streamline multinational operations.

By Melania Watson • 3 min read • Fri, 23rd Aug 2024

Digital Entertainment

Zoom posts strong Q2 results with robust AI-driven growth

Zoom Video Communications surpasses fiscal Q2 guidance with USD $1,162.5 million revenue, driven by AI-powered tools; records a 33.7% rise in operating cash flow.

By Catherine Knowles • 4 min read • Fri, 23rd Aug 2024

Unified Communications

Comms Group's FY24 results: revenue up 7%, EBITDA rises 36%

Comms Group reported a 7% revenue increase to $55.5M for FY24, achieving 36% growth in underlying EBITDA and declaring its first-ever dividend.

By Shannon Williams • 3 min read • Thu, 22nd Aug 2024

Marketing Technologies

Amplitude reports 8% revenue growth, new CFO, & sanctions risk

Amplitude posts an 8% revenue growth to USD $73.3 million, appoints Andrew Casey as new CFO, and prepares for potential sanctions-related risks impacting receivables.

By Kaleah Salmon • 3 min read • Tue, 13th Aug 2024

Firewalls

Fortinet sees record margins & higher service revenue in Q2 2024

Fortinet's Q2 2024 results show record operating margins and a 19.8% rise in service revenue, signalling strong growth despite a slight dip in product sales.

By Sean Mitchell • 4 min read • Thu, 8th Aug 2024

Financial results

Check Point welcomes new CEO as Q2 reports strong results

Check Point names Nadav Zafrir as new CEO amid strong Q2 2024 results, with revenues up 7% to USD $627 million. Founder Gil Shwed to become Executive Chairman.

By Melania Watson • 4 min read • Thu, 25th Jul 2024

Customer Relationship Management

Salesforce Misses Analysts' Revenue Forecasts for Q1 Fiscal 2025

Salesforce posted an 11% rise in Q1 FY25 revenue to USD $9.13 billion but missed analysts' forecasts. Strong cash flow and margins highlight financial gains.

By Sean Mitchell • 3 min read • Sat, 8th Jun 2024

Cybersecurity

Westcon-Comstor reports 8% revenue rise to USD $3.69 billion

Westcon-Comstor reports an 8% revenue increase to USD $3.69 billion for FY24, driven by recurring revenues and growth in cybersecurity and networking sectors.

By Kaleah Salmon • 3 min read • Tue, 28th May 2024

Stories from Other Regions

Financial results stories

Health Technologies

nib New Zealand reports NZD $21.2m profit for FY24

nib New Zealand reports a NZD $21.2 million operating profit for FY24 and a 3.1% increase in policyholders, navigating economic and healthcare challenges.

By Melania Watson • 3 min read • Mon, 26th Aug 2024

ASX

WiseTech Global reports 28% revenue surge in FY24

WiseTech Global reports stellar FY24 with a 28% revenue rise to AUD $1,041.7 million and a robust EBITDA margin. New products and agreements fuel optimism.

By Sean Mitchell • 3 min read • Wed, 21st Aug 2024

EduTech

Milestone Systems expands APAC presence with new experience centre

Milestone Systems has launched its most interactive Experience Centre in Melbourne's Mulgrave, boosting its APAC presence with cutting-edge video tech solutions.

By Imee Dequito • 4 min read • Thu, 8th Aug 2024

Robotics

LG Electronics sees record second-quarter revenue & profit

LG Electronics posted record second-quarter revenue of KRW 21.69 trillion (USD $15.82 billion) and operating profit of KRW 1.20 trillion (USD $875 million).

By Melania Watson • 4 min read • Tue, 6th Aug 2024

Financial results

Dell New Zealand sees 16% decline in revenue in FY2024

Dell New Zealand reported a sharp 16% drop in FY2024 revenues, with total earnings falling from NZD $288 million to NZD $240.3 million, as market demand shrinks.

By Sean Mitchell • 4 min read • Mon, 5th Aug 2024

Unified Communications

Fidelity Life launches enhanced E-App with UnderwriteMe

Fidelity Life teams with UnderwriteMe to launch E-App, transforming life insurance applications in New Zealand by streamlining the underwriting process.

By Catherine Knowles • 3 min read • Thu, 18th Jul 2024

Gaming

SenSen Networks reports record financial results for FY24

SenSen Networks posts record Q4 and FY24 results with AUD $4.0 million in quarterly customer cash receipts, a 23% increase, as it exits the Gaming market.

By Catherine Knowles • 3 min read • Wed, 17th Jul 2024

Digital footprint

Peter Birks appointed new CEO of Velstar, succeeds Dan Sheard

Peter Birks has been named CEO of Velstar, with founder Dan Sheard transitioning to focus on growth and partnerships. Velstar projects a revenue of GBP £10 million for 2024.

By Imee Dequito • 3 min read • Thu, 11th Jul 2024

Risk & Compliance

Excite Technology Services reports productive June 2024 quarter

Excite Technology Services reported a strong June 2024 quarter with an additional AUD $989K in annual contract value, bolstering its growth and market position.

By Sean Mitchell • 3 min read • Thu, 27th Jun 2024