Financial results stories - Page 23

Samsung Electronics saw a dramatically reduced profit from its New Zealand business last year, despite an 11% increase in revenue.

After a tough period, Fronde bounces back with a £1.42m profit, overcoming revenue dips with a strategic overhaul.

Serko announced its full-year financial results for the period ending March 31 2016, showing total revenue of $13.1 million & 27% year-on-year growth.

The company says it estimates the market opportunity within the New Zealand government market alone is approximately 45,000 users.

Despite a slump in PC sales, Gartner highlights profitable niches for vendors in ultramobile and gaming sectors.

Surging demand for security drives CyberArk's Q1 revenue to USD $46.9 million, up 43%, with strong growth in both licence and service revenues.

Ruckus Wireless reports $100.6m revenue for Q1 2016, up 22.5% YoY, as it continues to grow and achieve success.

NetSuite's Q1 2016 revenue grows by 31%, reaching $216.6m, due to its innovative approach to business software.

Promapp named one of the 500 fastest growing tech companies in the Asia Pacific Region by Deloitte, with 93% revenue growth.

Infor Q3 results show successful transition to cloud business model, with software licences and subscriptions up 27%.

Cognitive computing will drive digital transformation, with spending expected to reach $31.3bn in 2019, according to IDC.

Palo Alto Networks has reported significant revenue growth in Q2 2016, thanks to the success of its subscription services.

Australian cloud services provider, Bulletproof, has reported strong revenue growth and successes in all areas of its business for H1 FY16.

Sonus Networks bounced back in the second half of 2015 after a rocky start to the year, but still earned less revenue overall when compared to 2014.

FireEye's Q4 2015 revenue rose 29% to $184.8m, with positive cash flow for the year of $37m, as the company grows towards profitability.

Small businesses in New Zealand outperforming Aussie counterparts in revenue and tech investment - MYOB Business Monitor.

CMOs in Australia and New Zealand are swiftly becoming tech decision-makers, usurping traditional IT roles, reveals new research.

Digital disrupters are outperforming traditional companies in terms of revenue and profit growth, according to a study by CA Technologies.

Allied Telesis NZ's profits soar by 166%, reaching £1.1m, after a robust sales surge in its educational tech sector.

Qualcomm plans to cut approximately $1.4 billion in spending to 'aggressively right-size cost structure', cut staff, and split its business into two.