Financial results stories - Page 15

Lenovo has announced its results for its first fiscal quarter and they paint a pretty picture with double-digit growth across the company.

Equinix has brought around its 20th anniversary in style after announcing the doubling of its APAC revenue in the last 5 years.

Datacom Group reports 9.3% revenue growth to NZ$1.27bn for FY2018, marking 20 years of continuous revenue growth.

Microsoft reports impressive Q2 results with revenue of $30.1bn, up 17%, and operating income of $10.4bn, up 35%.

IDC found with the ongoing influx of digital transformation, cloud service providers have a high degree of confidence in their business outlook.

New Zealand’s highest revenue distie has released their financial report for FY17 and, while revenue is up, net profit has taken a down turn.

The company will re-align its business under three distinct segments and undergo significant restructuring operations.

A real estate investment trust has revealed the value of two recent data center sales, with the total sum exceeding $85 million.

Oracle's FY18 revenue grew 6% to USD $39.8 billion, driven by robust cloud service and license support revenues, which rose 10% to USD $26.3 billion.

Jade Software achieved a USD $1.4 million net profit in 2017 following a major restructure and is now largely held by Skipton Building Society.

Nutanix reports 41% YoY revenue growth in Q3 2018, reaching $289.4m, supported by a shift toward increasing software revenue.

SaaS platform contract revenue has grown 51% and revenue from cloud offerings by 217%, leading to a total of $120m in revenue over this half-year.

NBN reports a 112% revenue increase for Q3, hitting AUD $1.4 billion, thanks to service initiatives, with active connections up by 1.7 million year-over-year.

Xero improved operating and investing cash flow margins from 71% to 9% over three years and grew revenue at a CAGR of 49% over the same period.

In Google Australia has posted $1.02b in revenue. However, in their report, they note that it could have been $3b if not for creative accounting.

The tech giant turns 50 in June and so its booming revenues following heavy investment in data centres could be seen as a timely birthday present.

The CFO of tomorrow could require a whole new set of skills, including IT, big data, risk management, and facilitation, says SAP Concur's ANZ MD Matthew Goss.

Veeam posts a record 39th consecutive quarter of bookings growth, bringing it closer to its goal of becoming a USD $1 billion company by end of 2018.

HPE spun off their Enterprise Services offering in a bid to save money. Now they have released their financials we can see how it has worked out.

The company says it regrets that the business changes they have made impacted Teagues position, who left at the end of March.