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Financial results Stories - Page 25

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Financial results stories

Veeam reports biggest second quarter in company history
Virtualisation

Veeam reports biggest second quarter in company history

Veeam Software reports a 20% YoY increase in annual recurring revenue for Q2'20, its biggest second quarter ever.

By Shannon Williams • 3 min read • Wed, 5th Aug 2020
Arrow ECS NZ reports mild profit increase in FY19
Arrow ECS

Arrow ECS NZ reports mild profit increase in FY19

Arrow ECS NZ reports NZ$3.3m revenue in FY19, a slight drop from FY18. Profit increases to NZ$ 2.1m from NZ$1.8m. Distribution deals secured.

By Staff Writer • 2 min read • Wed, 1st Jul 2020
Alibaba records growth for 2020, but it's not all smooth sailing
Supply Chain

Alibaba records growth for 2020, but it's not all smooth sailing

The company's Cloud business saw huge gains, but the declining business activity in the early months of 2020 was not kind to the retail giant.

By Nick Forrester • 3 min read • Mon, 25th May 2020
Logitech posts 'record' sales buffered by remote working rush
Hybrid & Remote Work

Logitech posts 'record' sales buffered by remote working rush

Logitech's sales reach record high of $2.98bn in fiscal 2020, boosted by strong Q4 sales and remote working demand.

By Staff Writer • 3 min read • Thu, 14th May 2020
CEOs responsible for financial errors, not CFOs - research
Chief Financial Officer

CEOs responsible for financial errors, not CFOs - research

Chief executives are being looked at to take accountability for errors in financial reporting, according to a new global survey.

By Shannon Williams • 3 min read • Sat, 9th May 2020
Nintendo's profits soar, but analysts fear slowdown on the horizon
Gaming

Nintendo's profits soar, but analysts fear slowdown on the horizon

Operating profit skyrocketed 41% year-on-year for the financial year ending March 31, helped by its release of the popular Animal Crossing: New Horizons..

By Nick Forrester • 2 min read • Fri, 8th May 2020
Fortinet delivers dominant Q1 2020 financial results
Firewalls

Fortinet delivers dominant Q1 2020 financial results

The cybersecurity company saw gains in almost every category for its financial results of the first quarter of the year.

By Staff Writer • 3 min read • Thu, 7th May 2020
BlackLine launches remote audit solution for businesses impacted by COVID-19
BlackLine

BlackLine launches remote audit solution for businesses impacted by COVID-19

BlackLine launches free Remote Audit package to help finance teams conducting audits during COVID-19 lockdowns.

By Catherine Knowles • 3 min read • Tue, 5th May 2020
Microsoft's revenue jumps 15% as pandemic has 'little impact' on tech giant
Public Cloud

Microsoft's revenue jumps 15% as pandemic has 'little impact' on tech giant

Microsoft's quarterly revenue rose by 15% to USD $35 billion, as the tech giant faced 'minimal impact' from COVID-19. Azure's revenue surged by 59%.

By Nick Forrester • 3 min read • Thu, 30th Apr 2020
Netflix hits jackpot: Q1 2020 sees subscriber count and revenue skyrocket
Digital Entertainment

Netflix hits jackpot: Q1 2020 sees subscriber count and revenue skyrocket

The streaming behemoth earned big in the first quarter of this year, adding record levels of new subscribers and increasing revenue 27.6% year-on-year.

By Nick Forrester • 4 min read • Wed, 22nd Apr 2020
Board International launches solution marketplace
Data Analytics

Board International launches solution marketplace

Board International has unveiled a solution marketplace featuring prebuilt analysis, forecasting, and planning tools, enhancing decision-making for businesses.

By Staff Writer • 2 min read • Tue, 7th Apr 2020
Kingsoft reports rise in revenue during 'turbulent' time
Internet of Things

Kingsoft reports rise in revenue during 'turbulent' time

Chinese software and internet services company, Kingsoft, has reported an increase in annual revenue, driven by cloud services.

By Catherine Knowles • 6 min read • Fri, 27th Mar 2020

Stories from Other Regions

Financial results stories

Ingram Micro NZ Holdings post FY 19 financials
Ingram Micro

Ingram Micro NZ Holdings post FY 19 financials

Ingram Micro New Zealand Holdings reports $653.3m revenue and $11.9m profit for 2019, remaining strong post COVID-19.

By Staff Writer • 2 min read • Tue, 4th Aug 2020
Synnex posts mild revenue drop, but profits increase
Synnex

Synnex posts mild revenue drop, but profits increase

Synnex New Zealand's annual report reveals revenue drop to $159.5 million in 2019, down from $178.9 million the previous year.

By Staff Writer • 1 min read • Mon, 3rd Aug 2020
LG's NZ branch posts promising FY19 results
Supply Chain

LG's NZ branch posts promising FY19 results

LG's New Zealand branch has reported an increase in total revenue, but a decrease in net profit in the company's financial results for 2019.

By Staff Writer • 3 min read • Wed, 1st Jul 2020
Acer NZ reports decreased revenue but boosted profits for FY19
Acer

Acer NZ reports decreased revenue but boosted profits for FY19

The dip in yearly revenue was offset by an 89% increase in operating profit, increasing from $232,344 in FY18 to $440,741 the following year.

By Staff Writer • 2 min read • Wed, 1st Jul 2020
Google NZ reports revenue & profit spike
Google

Google NZ reports revenue & profit spike

Google New Zealand's revenue soared to NZD $36.2 million in FY19, doubling from 2018, with profits jumping to NZD $8.1 million from a USD $1 million loss.

By Staff Writer • 2 min read • Wed, 1st Jul 2020
HPE NZ posts net profit in FY19 results, improving on prior year's loss
HP

HPE NZ posts net profit in FY19 results, improving on prior year's loss

HPE New Zealand has revealed its financial results for the financial year ending 31 October, seeing a net profit when compared to FY18's net loss.

By Staff Writer • 3 min read • Wed, 1st Apr 2020