Financial results stories - Page 19

Datacom Group reports 9.3% revenue growth to NZ$1.27bn for FY2018, marking 20 years of continuous revenue growth.

Microsoft reports impressive Q2 results with revenue of $30.1bn, up 17%, and operating income of $10.4bn, up 35%.

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.

The company will re-align its business under three distinct segments and undergo significant restructuring operations.

Oracle's FY18 revenue grew 6% to USD $39.8 billion, driven by robust cloud service and license support revenues, which rose 10% to USD $26.3 billion.

Jade Software achieved a USD $1.4 million net profit in 2017 following a major restructure and is now largely held by Skipton Building Society.

Nutanix reports 41% YoY revenue growth in Q3 2018, reaching $289.4m, supported by a shift toward increasing software revenue.

NBN reports a 112% revenue increase for Q3, hitting AUD $1.4 billion, thanks to service initiatives, with active connections up by 1.7 million year-over-year.

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.

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.

The CFO of tomorrow could require a whole new set of skills, including IT, big data, risk management, and facilitation, says SAP Concur's ANZ MD Matthew Goss.

Veeam posts a record 39th consecutive quarter of bookings growth, bringing it closer to its goal of becoming a USD $1 billion company by end of 2018.

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.

The company says it regrets that the business changes they have made impacted Teagues position, who left at the end of March.

Fonterra CEO, Theo Spierings, is set to step down later this year, but will continue in an advisory role focusing on China.

Nutanix reports a 44% revenue growth in Q2 2018, reaching USD $286.7 million, and acquires Minjar to bolster its multi-cloud management capabilities.

Distributors are the townsquare where partners meet to chat, learn and share ideas. We take an aerial view and rank the local disties by revenue.

Lenovo's Australia and New Zealand subsidiary reported a stunning AUD $4 million rise in profits and an 8.7% surge in revenue, aided by major cost cuts.

MYOB reports a 60% increase in online subscribers, fuelled by new SME wins and high migration rates, leading to significant financial growth in 2017.

Chorus nets $47m in profit. CEO says company will continue to improve customer experience and invest in infrastructure across NZ.