CFOtech India - Technology news for CFOs & financial decision-makers

Financial results stories - Page 12

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NTT amalgamates AU & NZ businesses under new ANZ region
Thu, 1st Oct 2020
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partner programmes
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financial results
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ntt
NTT is combining its Australia and New Zealand businesses to create an ANZ region and has appointed Tania Balcombe as its CEO.
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China to hit US$63.7bn in cloud computing revenue by 2024, dominating APAC market
Tue, 22nd Sep 2020
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financial results
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globaldata
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cloud services
China to dominate APAC cloud computing market, capturing one-third of revenue by 2024, driven by government initiatives and demand from enterprises.
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Microsoft commercial cloud revenue up 30%, bigger than Google and IBM combined
Wed, 16th Sep 2020
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microsoft
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cloud services
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financial results
Microsoft's commercial cloud revenue for FY20 Q4 was larger than that of Google and IBM combined, according to new research.
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Toshiba posts AU & NZ financial results with modest profit & loss
Mon, 7th Sep 2020
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toshiba
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financial results
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covid-19
Toshiba has recently published its annual reports for its Australian and New Zealand operations for the year ended 31 March 2020.
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Zoom reports massive revenue growth in Q2 2021 financial results
Tue, 1st Sep 2020
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uc
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financial results
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video communication
Zoom reports enormous 355% YoY increase in revenue for Q2 2021, as remote work continues to drive strong financial performance.
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Spark achieves annual revenue growth, despite COVID-19 challenges
Mon, 31st Aug 2020
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financial results
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spark
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mobile plan
Spark New Zealand reports revenue growth and strong performance in key markets, with overall revenue increasing by 2.5% to $3,623 million.
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Chorus describes goals as it posts $52m profit
Mon, 24th Aug 2020
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5g & beyond
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uc
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wireless networks
As the copper withdrawal looms, Chorus is looking at how it can leverage its fibre network to provide new products and services across the country.
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Fortinet reports total revenue of $615.5 million
Fri, 7th Aug 2020
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firewalls
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network infrastructure
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sd-wan
Strong demand for secure SD-WAN and work-from-home capabilities helped power 18% second quarter revenue growth.
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Westcon Group reaps $221.5m revenue
Wed, 5th Aug 2020
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planning
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data analytics
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big data
Westcon Group NZ reports revenue of $221.5m and a gross profit of $2.7m for 2020, up from $211.6m and $1.6m respectively in 2019.
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Veeam reports biggest second quarter in company history
Wed, 5th Aug 2020
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virtualisation
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microsoft
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veeam
Veeam Software reports a 20% YoY increase in annual recurring revenue for Q2'20, its biggest second quarter ever.
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Ingram Micro NZ Holdings post FY 19 financials
Tue, 4th Aug 2020
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ingram micro
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financial results
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distributors
Ingram Micro New Zealand Holdings reports $653.3m revenue and $11.9m profit for 2019, remaining strong post COVID-19.
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Synnex posts mild revenue drop, but profits increase
Mon, 3rd Aug 2020
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synnex
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financial results
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distributors
Synnex New Zealand's annual report reveals revenue drop to $159.5 million in 2019, down from $178.9 million the previous year.
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LG's NZ branch posts promising FY19 results
Wed, 1st Jul 2020
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financial results
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lg
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.
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Acer NZ reports decreased revenue but boosted profits for FY19
Wed, 1st Jul 2020
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acer
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pc shipments
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financial results
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.
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Arrow ECS NZ reports mild profit increase in FY19
Wed, 1st Jul 2020
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arrow ecs
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financial results
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distributors
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.
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Google NZ reports revenue & profit spike
Wed, 1st Jul 2020
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google
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monetisation
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financial results
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.
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Alibaba records growth for 2020, but it's not all smooth sailing
Mon, 25th May 2020
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alibaba
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financial results
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alibaba cloud
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.
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Logitech posts 'record' sales buffered by remote working rush
Thu, 14th May 2020
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hybrid & remote work
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logitech
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peripherals
Logitech's sales reach record high of $2.98bn in fiscal 2020, boosted by strong Q4 sales and remote working demand.
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CEOs responsible for financial errors, not CFOs - research
Sat, 9th May 2020
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cfo
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blackline
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financial results
Chief executives are being looked at to take accountability for errors in financial reporting, according to a new global survey.
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Nintendo's profits soar, but analysts fear slowdown on the horizon
Fri, 8th May 2020
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gaming
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digital entertainment
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software development
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..