Financial results Stories - Page 20

Global Stories

Financial results stories

Starburst reports record revenues with AI-driven growth

Starburst reports record financial results for FY25, fuelled by a 94% surge in cloud product adoption and a 20% increase in net new customers.

By Melania Watson • 2 min read • Fri, 21st Feb 2025

Firewalls

Freshworks reports 22% rise in Q4 revenue to USD $194.6m

Freshworks has unveiled impressive Q4 results, with revenues reaching USD $194.6 million, marking a 22% increase year-on-year and signalling robust growth.

By Shannon Williams • 3 min read • Thu, 13th Feb 2025

Financial results

Confluent sees strong growth in Q4 2024 cloud revenue

Confluent has reported robust growth in Q4 2024, with cloud revenue soaring by 38% year-on-year to USD $138 million, reflecting strong demand for its data services.

By Sean Mitchell • 2 min read • Wed, 12th Feb 2025

Hybrid Cloud

SolarWinds to be acquired by Turn/River for USD $4.4bn

SolarWinds has struck a deal to be acquired by Turn/River Capital for around USD $4.4 billion, offering shareholders a premium of 35% per share.

By Sean Mitchell • 3 min read • Sun, 9th Feb 2025

Manufacturing

IFS reports strongest financial results for 2024

IFS has announced record financial results for the year ending December 31, 2024, with ARR exceeding EUR €1 billion driven by strong demand for Industrial AI solutions.

By Melania Watson • 3 min read • Wed, 5th Feb 2025

Artificial Intelligence

SenSen reports third cash-positive quarter with growth plans

SenSen Networks has reported AUD $1.3 million in operating cash flow for Q2, marking its third successive positive cash period despite a slight decline from last year's figures.

By Sean Mitchell • 2 min read • Wed, 15th Jan 2025

Crypto

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

Stories from Other Regions

Financial results stories

Partner Programmes

Atturra forecasts record earnings growth amid acquisitions

Atturra forecasts impressive first-half earnings for fiscal 2025, with estimated revenue of AUD $140-142 million, reflecting a 26-28% increase from last year.

By Sean Mitchell • 3 min read • Thu, 20th Feb 2025

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

Digital Transformation

AI DISRUPTS AUSTRALASIAN CONSTRUCTION SECTORS

Rising labour and materials costs are pushing Australian builders towards AI, as firms chase efficiency gains and fewer skill shortages.

By Staff Writer • 3 min read • Wed, 27th Nov 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