Financial results stories - Page 11
Apple's NZ sales arm reports $28m profit as revenue climbs
Wed, 26th Jan 2022
#
smartphones
#
personal computing devices
#
apple
Apple’s New Zealand sales arm has reported a $28.8 million profit for the last financial year, up from $23.4 m in 2020.
40% of orgs to embed sustainability into operations by 2024 - IDC releases top predictions
Mon, 17th Jan 2022
#
cleantech
#
sustainability
#
climate change
Strong financial outcomes and sustainability focused leadership is required for long term impact, according to a new report from IDC.
Worldwide market for smart home devices holds steady amid disruption
Tue, 14th Dec 2021
#
digital signage
#
smart home
#
displays & projectors
Smart home device market sees steady growth despite supply chain disruptions and economic challenges, according to IDC.
Mobile eCommerce: In-app shopping set to reach an all-time high
Wed, 1st Dec 2021
#
martech
#
commerce systems
#
shopping
In-app shopping set to reach all-time high as mobile commerce continues to dominate, according to a study by Adjust and Sensor Tower.
Adoption of cloud sees continued growth for Workday
Mon, 29th Nov 2021
#
data analytics
#
planning
#
cloud services
Workday sees 20% increase in Q3 revenue, with more than 70% of financial services firms in the Fortune 500 as customers.
Gartner reveals worldwide AI software revenue to hit $62.5bn, up 21.3%
Thu, 25th Nov 2021
#
ai
#
software
#
financial results
Worldwide artificial intelligence (AI) software revenue is forecast to reach US$62.5bn in 2022, up 21.3% from 2021, says Gartner.
Gartner: eCommerce will soon be the most important sales channel
Fri, 5th Nov 2021
#
ecommerce
#
skills gap
#
financial results
eCommerce will be essential for organisations in the near future, with 86% of marketing leaders agreeing on its importance, according to Gartner.
Only 11% of global execs see significant financial benefits from AI initiatives
Thu, 4th Nov 2021
#
ai
#
enterprise adoption
#
financial results
Only 11% of global execs are reaping significant financial benefits from their AI initiatives, a study reveals.
IT services revenue to hit $1.1 trillion this year — IDC
Mon, 18th Oct 2021
#
digital transformation
#
it services
#
financial results
Global IT and business services revenue is estimated to grow by 3.4% this year, according to new data from IDC.
Finance sector vulnerable to rising cyberattacks
Wed, 29th Sep 2021
#
cybersecurity
#
financial results
#
cyber attacks
Finance sector in the UK hit by an average of 60 cyberattacks per year, with firms ill-prepared to combat them, according to a report by Keeper Security.
Westcon NZ posts $17.6m revenue drop with little effect on profit
Tue, 3rd Aug 2021
#
westcon-comstor
#
financial results
#
distributors
Westcon Group NZ revenue drops by $17.6m to $134.4m in 2021, but profits only dip by $117k due to cost savings. COVID-19 impact monitored.
Alphabet publishes Q2 2021 financial results showing Google in fine form
Mon, 2nd Aug 2021
#
hyperscale
#
public cloud
#
google
Alphabet's Q2 2021 financial results show significant growth, with revenue of $61.9bn and operating income of $19.4bn. Google's advertising revenue also soared.
Five ways businesses can increase profitability from loyalty programs
Mon, 26th Jul 2021
#
ecommerce
#
financial results
#
loyalty programmes
Loyalty programs that focus on genuine customer relationships can deliver significant value to organizations, driving repeat business and growth.
Datacom Group profit up 84%
Tue, 6th Jul 2021
#
storage
#
cloud storage
#
datacom
Datacom Group, a leading tech company, has reported a nearly doubled profit of $35m, thanks to increased demand for digital services.
LG Electronics Australia posts $15.8m profit for FY 2020
Thu, 1st Jul 2021
#
financial results
#
covid-19
#
lg
The company’s New Zealand branch also received NZ$203,858 in wage subsidies from the New Zealand government during COVID-19 lockdowns in 2020.
Zoom’s first-quarter financial results nearly 1 billion, up 191% year over year
Thu, 3rd Jun 2021
#
uc
#
dr
#
hybrid & remote work
Zoom’s financial results for the first quarter of 2021 have a total revenue of $956.2 million, up 191% year over year.
Travel software firm Serko suffers sharp losses amid pandemic disruption
Thu, 20th May 2021
#
serko
#
financial results
#
partners
Serko, the travel software company, has reported an increased net loss of $29.4m due to the impact of the pandemic on its business.
NZ software firm Timely snapped up by overseas buyer
Thu, 20th May 2021
#
smb
#
m&a
#
financial results
US company EverCommerce has acquired Dunedin-based software firm Timely, which provides booking software for spas and salons.
Xero draws massive profits in pandemic
Fri, 14th May 2021
#
hyperscale
#
public cloud
#
fintech
Xero sees strong profit rebound after pandemic squeeze, adding record 456k subscribers, but falls short of revenue estimates.
Juniper Networks Australia posts modest profit in 2020
Tue, 4th May 2021
#
data analytics
#
planning
#
bi
Juniper Networks Australia saw a drop in revenue to US$107.7m in 2020, but cost-cutting measures led to a more positive outlook.