Financial results stories
Microsoft's commercial cloud revenue for FY20 Q4 was larger than that of Google and IBM combined, according to new research.
Toshiba has recently published its annual reports for its Australian and New Zealand operations for the year ended 31 March 2020.
Zoom reports enormous 355% YoY increase in revenue for Q2 2021, as remote work continues to drive strong financial performance.
Spark New Zealand reports revenue growth and strong performance in key markets, with overall revenue increasing by 2.5% to $3,623 million.
Strong demand for secure SD-WAN and work-from-home capabilities helped power 18% second quarter revenue growth.
Veeam Software reports a 20% YoY increase in annual recurring revenue for Q2'20, its biggest second quarter ever.
Arrow ECS NZ reports NZ$3.3m revenue in FY19, a slight drop from FY18. Profit increases to NZ$ 2.1m from NZ$1.8m. Distribution deals secured.
The company's Cloud business saw huge gains, but the declining business activity in the early months of 2020 was not kind to the retail giant.
Logitech's sales reach record high of $2.98bn in fiscal 2020, boosted by strong Q4 sales and remote working demand.
Chief executives are being looked at to take accountability for errors in financial reporting, according to a new global survey.
Operating profit skyrocketed 41% year-on-year for the financial year ending March 31, helped by its release of the popular Animal Crossing: New Horizons..
The cybersecurity company saw gains in almost every category for its financial results of the first quarter of the year.
BlackLine launches free Remote Audit package to help finance teams conducting audits during COVID-19 lockdowns.
As the copper withdrawal looms, Chorus is looking at how it can leverage its fibre network to provide new products and services across the country.
Westcon Group NZ reports revenue of $221.5m and a gross profit of $2.7m for 2020, up from $211.6m and $1.6m respectively in 2019.
Ingram Micro New Zealand Holdings reports $653.3m revenue and $11.9m profit for 2019, remaining strong post COVID-19.
Synnex New Zealand's annual report reveals revenue drop to $159.5 million in 2019, down from $178.9 million the previous year.
LG's New Zealand branch has reported an increase in total revenue, but a decrease in net profit in the company's financial results for 2019.
The dip in yearly revenue was offset by an 89% increase in operating profit, increasing from $232,344 in FY18 to $440,741 the following year.
Google New Zealand's revenue soared to NZD $36.2 million in FY19, doubling from 2018, with profits jumping to NZD $8.1 million from a USD $1 million loss.