Financial results stories
Strong demand for secure SD-WAN and work-from-home capabilities helped power 18% second quarter revenue growth.
Veeam Software reports a 20% YoY increase in annual recurring revenue for Q2'20, its biggest second quarter ever.
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.
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.
Logitech's sales reach record high of $2.98bn in fiscal 2020, boosted by strong Q4 sales and remote working demand.
Chief executives are being looked at to take accountability for errors in financial reporting, according to a new global survey.
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..
The cybersecurity company saw gains in almost every category for its financial results of the first quarter of the year.
BlackLine launches free Remote Audit package to help finance teams conducting audits during COVID-19 lockdowns.
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%.
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.
Board International has unveiled a solution marketplace featuring prebuilt analysis, forecasting, and planning tools, enhancing decision-making for businesses.
Chinese software and internet services company, Kingsoft, has reported an increase in annual revenue, driven by cloud services.
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.
Ingram Micro New Zealand Holdings reports $653.3m revenue and $11.9m profit for 2019, remaining strong post COVID-19.
Synnex New Zealand's annual report reveals revenue drop to $159.5 million in 2019, down from $178.9 million the previous year.
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.
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.
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.
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.
