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Australian Stories

Financial results stories

Google AU hits $1b in revenue… or is it $3b?
Google

Google AU hits $1b in revenue… or is it $3b?

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.

By Ben Moore • 2 min read • Wed, 2nd May 2018

Global Stories

Financial results stories

Oracle cloud division drives FY18 revenue growth
Infrastructure-as-a-Service

Oracle cloud division drives FY18 revenue growth

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.

By Ben Moore • 3 min read • Thu, 21st Jun 2018
Nutanix reports third quarter fiscal 2018 financial results
Converged Infrastructure

Nutanix reports third quarter fiscal 2018 financial results

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

By Jacques-Pierre (JP) Dumas • 2 min read • Mon, 28th May 2018
NBN reports healthy growth figures on the back of service initiatives
Unified Communications

NBN reports healthy growth figures on the back of service initiatives

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.

By Patrick Martlew • 3 min read • Mon, 14th May 2018
Xero posts first annual EBITDA positive result
Fintech

Xero posts first annual EBITDA positive result

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.

By Kai Ping Lew • 3 min read • Thu, 10th May 2018
Intel posts impressive growth with data centres the main driver
Hyperscale

Intel posts impressive growth with data centres the main driver

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.

By Ashton Young • 2 min read • Sat, 28th Apr 2018
The four crucial skills the CFO of tomorrow must have
Data Science

The four crucial skills the CFO of tomorrow must have

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.

By Julia Gabel • 4 min read • Fri, 27th Apr 2018
Veeam inches closer to its $1 billion by 2018 goal
Virtualisation

Veeam inches closer to its $1 billion by 2018 goal

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.

By Ben Moore • 3 min read • Thu, 26th Apr 2018
Hitachi Vantara ANZ channels leader exits as the company prepares for partner program changes
Storage

Hitachi Vantara ANZ channels leader exits as the company prepares for partner program changes

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

By Patrick Martlew • 2 min read • Wed, 4th Apr 2018
Fonterra posts $348 million half-year profit loss, CEO steps down
Fonterra

Fonterra posts $348 million half-year profit loss, CEO steps down

Fonterra CEO, Theo Spierings, is set to step down later this year, but will continue in an advisory role focusing on China.

By Julia Gabel • 3 min read • Wed, 21st Mar 2018
Nutanix continues revenue growth for Q2, acquires Minjar
Converged Infrastructure

Nutanix continues revenue growth for Q2, acquires Minjar

Nutanix reports a 44% revenue growth in Q2 2018, reaching USD $286.7 million, and acquires Minjar to bolster its multi-cloud management capabilities.

By Patrick Martlew • 3 min read • Fri, 2nd Mar 2018
EXCLUSIVE: Lenovo ANZ subsidiaries' impressive finances
Lenovo

EXCLUSIVE: Lenovo ANZ subsidiaries' impressive finances

Lenovo's Australia and New Zealand subsidiary reported a stunning AUD $4 million rise in profits and an 8.7% surge in revenue, aided by major cost cuts.

By Ben Moore • 2 min read • Wed, 28th Feb 2018
MYOB sees record online subscriber growth and migration rates
Fintech

MYOB sees record online subscriber growth and migration rates

MYOB reports a 60% increase in online subscribers, fuelled by new SME wins and high migration rates, leading to significant financial growth in 2017.

By Kai Ping Lew • 4 min read • Mon, 26th Feb 2018
Chorus posts profit, trims staff - will invest in infrastructure, CX
Customer Relationship Management

Chorus posts profit, trims staff - will invest in infrastructure, CX

Chorus nets $47m in profit. CEO says company will continue to improve customer experience and invest in infrastructure across NZ.

By Ben Moore • 3 min read • Mon, 26th Feb 2018
Despite H1 revenue drop, Hills expect a profitable year
Unified Communications

Despite H1 revenue drop, Hills expect a profitable year

Hills attributes the fall in revenue to the exiting of the unprofitable NBN satellite installation business and a shortfall in antenna sales.

By Ben Moore • 2 min read • Thu, 22nd Feb 2018

Stories from Other Regions

Financial results stories

HPE NZ sees huge admin savings within 65% profit drop
Hyperscale

HPE NZ sees huge admin savings within 65% profit drop

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.

By Ben Moore • 2 min read • Fri, 6th Apr 2018
Clash of the titans: Kiwi disties ranked by revenue
Dicker Data

Clash of the titans: Kiwi disties ranked by revenue

Distributors are the townsquare where partners meet to chat, learn and share ideas. We take an aerial view and rank the local disties by revenue.

By Ben Moore • 1 min read • Fri, 2nd Mar 2018