Financial results Stories - Page 16

Australian Stories

Financial results stories

Aeeris reports steady Q2 earnings & continued risk assessment growth

Aeeris, a leading risk assessment company, demonstrated solid financials in Q2 FY24, highlighting a $2.25m cash reserve, no debt, and rising revenue from new and recurring sources, largely led by its Hail product suite.

By Sean Mitchell • 2 min read • Thu, 1st Feb 2024

Data Analytics

Adopt AI to unlock 1.3 million affordable dwellings: PointData

Analysis by PointData has identified 870,000 profitable new affordable homes and 425,000 new social housing dwellings across mainland Australia.

By Gaurav Sharma • 5 min read • Fri, 13th Oct 2023

Global Stories

Financial results stories

Hyperscale

BeyondTrust reports substantial growth & ongoing innovation in 2023

BeyondTrust reports notable growth in 2023, with over 80% recurring revenue and approximately 40% subscription ARR growth, bolstered by industry-leading customer satisfaction and retention rates.

By Sean Mitchell • 3 min read • Wed, 7th Feb 2024

Fintech

Cisco Systems NZ sees a 299% increase in cash and cash equivalents

Cisco Systems NZ's cash and cash equivalents soared by a staggering 299% in 2023, despite a slight dip in pre-tax profits, according to the latest financial report.

By Tom Raynel • 2 min read • Thu, 1st Feb 2024

Supply Chain

archTIS reports strong Q2 results & record 1H24 performance

Strong Q2 results and record 1H24 earnings put archTIS Limited, a secure data collaboration software firm, en route to achieving imminent revenue expansion and nearing cash flow positivity.

By Sean Mitchell • 3 min read • Tue, 30th Jan 2024

Marketing Technologies

ServiceNow reveals strong Q4 2023 results & new strategic partnerships

ServiceNow posts Q4 2023 financial success, exceeding predictions with $2.365bn subscription revenues, attributed to robust growth and launch of Now Assist GenAI, alongside promising partnerships, including Visa and EY.

By Sean Mitchell • 2 min read • Mon, 29th Jan 2024

Data Privacy

LiveRamp acquires data clean room provider Habu for USD $200 million

LiveRamp has purchased leading data clean room provider Habu in a USD $200 million deal, aiming to boost its global data collaboration capabilities and offer clients enhanced cross-cloud services.

By Kaleah Salmon • 3 min read • Mon, 22nd Jan 2024

PwC

IFS appoints Mark Moffat as new CEO, Darren Roos becomes board chair

Mark Moffat ascends as new CEO of global cloud enterprise firm IFS, succeeding Darren Roos who takes the helm as board chair.

By Catherine Knowles • 3 min read • Thu, 11th Jan 2024

Harvey Norman

Harvey Norman NZ sales dip $100 million in financial year 2023

Harvey Norman's NZ sector faces financial woes, reporting a $100m plunge in sales revenue and a 33.6% decrease in net profit for 2023.

By Sean Mitchell • 2 min read • Tue, 2nd Jan 2024

Financial results

Blackpearl Group reports record-breaking H1 2023 financial results

Blackpearl Group announces record-breaking H1 2023 interim results with a 221% rise in ARR and a gross profit surge of 284%.

By Kaleah Salmon • 3 min read • Fri, 1st Dec 2023

Unified Communications

CrowdStrike expands operations with new hub in Singapore

Cybersecurity giant CrowdStrike bolsters its Asian presence with a new hub in Singapore, doubling its operational capacity.

By Sean Mitchell • 3 min read • Wed, 29th Nov 2023

Customers

Zoom reports encouraging growth in third quarter financial results

Zoom surpasses expectations with encouraging Q3 results despite challenging market conditions. Revenue reaches $1.14bn, up 3.2%.

By Kaleah Salmon • 3 min read • Wed, 22nd Nov 2023

Digital Transformation

ServiceNow exceeds forecast with Q3 2023 results & boosts full-year guidance

ServiceNow exceeds Q3 financial targets with subscription revenues of $2.216bn, a 27% YoY increase, and raises its 2023 revenue guidance.

By Shannon Williams • 3 min read • Wed, 1st Nov 2023

Marketing Technologies

Australian firm Kismet acquires Media.com to combat fake news

Kismet Group acquires Media.com to offer a platform combating misinformation and protecting users' reputation.

By Sean Mitchell • 3 min read • Sat, 14th Oct 2023

Acronis

Acronis CyberApp Standard extends ecosystem to third-party vendors

Acronis expands ecosystem with new integration technology, allowing third-party vendors to integrate their products and services.

By Catherine Knowles • 3 min read • Fri, 13th Oct 2023

Digital Transformation

Broadridge appoints Tae & DeSchutter as Co-Presidents

Broadridge Financial Solutions appoints Michael Tae and Doug DeSchutter as Co-Presidents of its Investor Communication Solutions business.

By Imee Dequito • 3 min read • Fri, 8th Sep 2023

Stories from Other Regions

Financial results stories

Microsoft

Microsoft New Zealand demonstrates robust growth despite economic fluctuations

Despite economic upheaval, Microsoft New Zealand sees a robust 11.48% rise in revenue, solid growth in assets, and an impressive equity surge, indicating strong financial performance.

By Sean Mitchell • 2 min read • Tue, 2nd Jan 2024

Oracle

Oracle New Zealand posts remarkable turnaround in 2023 financial results

In a significant reversal, Oracle New Zealand recorded a NZ$7.64m net profit in 2023, bouncing back from a NZ$7.5m loss in 2022, despite a marginal dip in revenue.

By Sean Mitchell • 2 min read • Tue, 2nd Jan 2024