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Financial results Stories - Page 24

Global Stories

Financial results stories

Xero draws massive profits in pandemic
Hyperscale

Xero draws massive profits in pandemic

Xero sees strong profit rebound after pandemic squeeze, adding record 456k subscribers, but falls short of revenue estimates.

By RNZ • 2 min read • Fri, 14th May 2021
Juniper Networks Australia posts modest profit in 2020
Data Analytics

Juniper Networks Australia posts modest profit in 2020

Juniper Networks Australia saw a drop in revenue to US$107.7m in 2020, but cost-cutting measures led to a more positive outlook.

By Staff Writer • 2 min read • Tue, 4th May 2021
Cybercriminals influencing financial markets, report finds
Virtualisation

Cybercriminals influencing financial markets, report finds

FSIs in Asia Pacific face increasing cyber threats as digital banking accelerates, warns VMware's Modern Bank Heists 4.0 report.

By Shannon Williams • 3 min read • Fri, 16th Apr 2021
2020 sees a global shift in financial malware threats
Cybersecurity

2020 sees a global shift in financial malware threats

The financial threat landscape experienced a game-changing pandemic year, according to a new report from Kaspersky.

By Shannon Williams • 3 min read • Wed, 7th Apr 2021
Hewlett-Packard NZ posts $4.66m net profit loss
HP

Hewlett-Packard NZ posts $4.66m net profit loss

Hewlett-Packard New Zealand reports $4.66 million net profit loss for 2020, down from $3.57 million in 2019. Revenue increased to $143.79 million.

By Staff Writer • 3 min read • Wed, 31st Mar 2021
Tech companies need better financial controls to overcome growing revenue challenges
Financial Systems

Tech companies need better financial controls to overcome growing revenue challenges

High tech companies face revenue challenges and rely on spreadsheets for revenue management, according to new research by Model N.

By Shannon Williams • 4 min read • Fri, 26th Mar 2021
Strong fourth quarter for Zoom in wake of COVID-19 crisis
Unified Communications

Strong fourth quarter for Zoom in wake of COVID-19 crisis

Zoom's Q4 2020 financial results show total revenue of $882.5m, up 369% YoY, as it responds to increased demand during the pandemic.

By Shannon Williams • 5 min read • Tue, 2nd Mar 2021
Customer churn costing Australian businesses millions, report finds
Customers

Customer churn costing Australian businesses millions, report finds

Lack of visibility into customer data is costing businesses millions and fueling a customer relationship crisis, says SugarCRM.

By Catherine Knowles • 3 min read • Mon, 22nd Feb 2021
Veeam reports growth as demand for modern data protection increases
Virtualisation

Veeam reports growth as demand for modern data protection increases

Veeam Software reports substantial growth in fiscal year 2020, with annual recurring revenue up 22% YoY and 400,000 customers.

By Shannon Williams • 5 min read • Fri, 12th Feb 2021
COVID-19 causes significant jump in enterprise software acquisitions
Supply Chain

COVID-19 causes significant jump in enterprise software acquisitions

The total transaction value disclosed across all deals in the space was also significant, reaching $112 billion - the highest amount on record.

By Catherine Knowles • 3 min read • Fri, 22nd Jan 2021
NEC snaps up Avaloq, moves further into digital finance field
Digital Signage

NEC snaps up Avaloq, moves further into digital finance field

NEC acquires Swiss digital banking firm Avaloq, aiming to accelerate long-term growth and global expansion strategy.

By Catherine Knowles • 4 min read • Fri, 25th Dec 2020
Why automating the finance function is critical for future growth
Financial Systems

Why automating the finance function is critical for future growth

Mid-market organizations express greatest dissatisfaction with accounting and finance functions, due to manual processes and lack of automation, says survey.

By Claudia Pirko • 4 min read • Fri, 27th Nov 2020
Workday releases its Q3 2021 financial results
Workday

Workday releases its Q3 2021 financial results

As a result of the strong showing, the company says it raising its fiscal 2021 subscription revenue guidance to a range of US$3.773 billion to $3.775 billion.

By Staff Writer • 3 min read • Thu, 26th Nov 2020
IT consulting services revenue to hit US$100bn mark by 2024
Financial results

IT consulting services revenue to hit US$100bn mark by 2024

APAC consulting services revenue expected to reach $100bn in the next few years, with system design and integration leading the market.

By Catherine Knowles • 2 min read • Tue, 24th Nov 2020
Lenovo ANZ posts $6.16m profit
Data Analytics

Lenovo ANZ posts $6.16m profit

Lenovo ANZ reports almost doubled profit in FY2020 at NZ$6.16m, with revenue reaching $928.6m, up from $799.2m in 2019.

By Staff Writer • 2 min read • Mon, 2nd Nov 2020
Why embedded analytics is critical for APAC businesses
Data Analytics

Why embedded analytics is critical for APAC businesses

sing Embedded analytics is a great way to make sure that everyone in your organisation is following the same process and making smarter data-driven decisions.

By Sara Barker • 3 min read • Mon, 19th Oct 2020

Stories from Other Regions

Financial results stories

IDC: NZ's smartphone market sees a 35% boost in Q3 2020
Supply Chain

IDC: NZ's smartphone market sees a 35% boost in Q3 2020

New Zealand's smartphone market sees highest quarterly growth since 2017 as the country rebounds from the pandemic.

By Nick Forrester • 3 min read • Fri, 11th Dec 2020
Microsoft NZ reports giant jump in profits in 2020 financial results
Partner Programmes

Microsoft NZ reports giant jump in profits in 2020 financial results

The company made $27.3 million in profit for the year ended June 2020, compared to a loss of $3.8 million the prior year.

By Nick Forrester • 2 min read • Tue, 1st Dec 2020