Technology news for Kiwi CFOs and financial decision-makers
These search results are from across the Techday network of sites
Exclusive: Ingram NZ profit way down as interest takes its toll for last time
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.
CSG to exit enterprise segment of its business amid poor performance
The company will re-align its business under three distinct segments and undergo significant restructuring operations.
Oracle cloud division drives FY18 revenue growth
Oracle has announced their US Q4 results and FY18 results, showing continued revenue growth.
Jade Software returns to profit after extensive restructure
Jade Software achieved a milestone in 2017 with a return to profit.
Nutanix reports third quarter fiscal 2018 financial results
“Demand for our solutions remains strong as we saw 67% growth in software and support billings and 55% growth in software and support revenue."
SaaS and cloud behind H1 success for TechnologyOne
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.
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.
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.
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.
Veeam inches closer to its $1 billion by 2018 goal
Veeam have released their Q1 2018 results showing continued year-over-year customer acquisition growth.
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.
Fonterra posts $348 million half-year profit loss, CEO steps down
“Beingmate’s continued under-performance is unacceptable."
Nutanix continues revenue growth for Q2, acquires Minjar
The company reported Q2 revenues of $286.7 million with growth rates of 44% year-over-year.
EXCLUSIVE: Lenovo A/NZ subsidiaries' impressive finances
Lenovo’s A/NZ subsidiary have posted $699 million in revenue for 2017, improving on 2016’s numbers by $56m.
MYOB sees record online subscriber growth and migration rates
“We are seeing more and more accountants and SMEs embrace their digital future and migrate online,” - CEO Tim Reed.
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.
Telstra takes on shifting market and comes out on top
“We are stepping up how we aggressively compete in the market."
Empired signal NZ election woes with marginal revenue rise
The company experienced an overall revenue increase of 2% despite a 13% decline in NZ.
Reckon Group FY17 results shows investment for future growth
Reckon Group’s Document Management Business has demerged and listed on the AIM market of the London Stock Exchange.
NBN achieve double revenue figures according to half-year financial report
As at 31 December 2017, NBN declared that 6.1 million premises are ‘ready to connect’ and a total of 7.1 million premises are ‘ready for service’.
JB Hi-Fi driving strong gains with surging Aussie growth, despite NZ decline
The company reported a $1.1 billion rise in total sales revenue in its half-year 2018 results.
Microsoft quarterly earnings report
Microsoft announced their financial results for the quarter ended December 31, 2017.
Samsung posts healthy Q4 profit and 50:1 stock split
The company has seen its share price soar since the announcement on Wednesday.
Veeam ‘on track’ to be a $1 billion company according to latest financial report
The enterprise software company has posted $827M in total bookings revenue in 2017, an increase of 36% year-over-year.