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Financial results Stories - Page 32

Kiwi Stories

Financial results stories

Datacom Group profit up 84%
Storage

Datacom Group profit up 84%

Datacom Group, a leading tech company, has reported a nearly doubled profit of $35m, thanks to increased demand for digital services.

By RNZ • 2 min read • Tue, 6th Jul 2021
Stress in construction – what causes it and how to deal with it
Supply Chain

Stress in construction – what causes it and how to deal with it

Poor communication, unrealistic deadlines and weak coordination are fuelling stress on New Zealand construction sites, a study finds.

By Michael Curreen • 3 min read • Wed, 26th May 2021
Travel software firm Serko suffers sharp losses amid pandemic disruption
Serko

Travel software firm Serko suffers sharp losses amid pandemic disruption

Serko, the travel software company, has reported an increased net loss of $29.4m due to the impact of the pandemic on its business.

By RNZ • 2 min read • Thu, 20th May 2021

Global Stories

Financial results stories

Finance sector vulnerable to rising cyberattacks
Cybersecurity

Finance sector vulnerable to rising cyberattacks

Finance sector in the UK hit by an average of 60 cyberattacks per year, with firms ill-prepared to combat them, according to a report by Keeper Security.

By Shannon Williams • 3 min read • Wed, 29th Sep 2021
Alphabet publishes Q2 2021 financial results showing Google in fine form
Hyperscale

Alphabet publishes Q2 2021 financial results showing Google in fine form

Alphabet's Q2 2021 financial results show significant growth, with revenue of $61.9bn and operating income of $19.4bn. Google's advertising revenue also soared.

By Staff Writer • 3 min read • Mon, 2nd Aug 2021
Five ways businesses can increase profitability from loyalty programs
eCommerce

Five ways businesses can increase profitability from loyalty programs

Loyalty programs that focus on genuine customer relationships can deliver significant value to organizations, driving repeat business and growth.

By Christopher Carroll • 4 min read • Mon, 26th Jul 2021
LG Electronics Australia posts $15.8m profit for FY 2020
Financial results

LG Electronics Australia posts $15.8m profit for FY 2020

The company's New Zealand branch also received NZ$203,858 in wage subsidies from the New Zealand government during COVID-19 lockdowns in 2020.

By Staff Writer • 2 min read • Thu, 1st Jul 2021
Zoom's first-quarter financial results nearly 1 billion, up 191% year over year
Unified Communications

Zoom's first-quarter financial results nearly 1 billion, up 191% year over year

Zoom's financial results for the first quarter of 2021 have a total revenue of $956.2 million, up 191% year over year.

By Ryan Morris-Reade • 2 min read • Thu, 3rd Jun 2021
NZ software firm Timely snapped up by overseas buyer
Gaming

NZ software firm Timely snapped up by overseas buyer

US company EverCommerce has acquired Dunedin-based software firm Timely, which provides booking software for spas and salons.

By RNZ • 2 min read • Thu, 20th May 2021
Xero draws massive profits in pandemic
Hyperscale

Xero draws massive profits in pandemic

Xero sees strong profit rebound after pandemic squeeze, adding record 456k subscribers, but falls short of revenue estimates.

By RNZ • 2 min read • Fri, 14th May 2021
Juniper Networks Australia posts modest profit in 2020
Data Analytics

Juniper Networks Australia posts modest profit in 2020

Juniper Networks Australia saw a drop in revenue to US$107.7m in 2020, but cost-cutting measures led to a more positive outlook.

By Staff Writer • 2 min read • Tue, 4th May 2021
Cybercriminals influencing financial markets, report finds
Virtualisation

Cybercriminals influencing financial markets, report finds

FSIs in Asia Pacific face increasing cyber threats as digital banking accelerates, warns VMware's Modern Bank Heists 4.0 report.

By Shannon Williams • 3 min read • Fri, 16th Apr 2021
2020 sees a global shift in financial malware threats
Cybersecurity

2020 sees a global shift in financial malware threats

The financial threat landscape experienced a game-changing pandemic year, according to a new report from Kaspersky.

By Shannon Williams • 3 min read • Wed, 7th Apr 2021
Hewlett-Packard NZ posts $4.66m net profit loss
HP

Hewlett-Packard NZ posts $4.66m net profit loss

Hewlett-Packard New Zealand reports $4.66 million net profit loss for 2020, down from $3.57 million in 2019. Revenue increased to $143.79 million.

By Staff Writer • 3 min read • Wed, 31st Mar 2021
Tech companies need better financial controls to overcome growing revenue challenges
Financial Systems

Tech companies need better financial controls to overcome growing revenue challenges

High tech companies face revenue challenges and rely on spreadsheets for revenue management, according to new research by Model N.

By Shannon Williams • 4 min read • Fri, 26th Mar 2021
Strong fourth quarter for Zoom in wake of COVID-19 crisis
Unified Communications

Strong fourth quarter for Zoom in wake of COVID-19 crisis

Zoom's Q4 2020 financial results show total revenue of $882.5m, up 369% YoY, as it responds to increased demand during the pandemic.

By Shannon Williams • 5 min read • Tue, 2nd Mar 2021
Customer churn costing Australian businesses millions, report finds
SugarCRM

Customer churn costing Australian businesses millions, report finds

Lack of visibility into customer data is costing businesses millions and fueling a customer relationship crisis, says SugarCRM.

By Catherine Knowles • 3 min read • Mon, 22nd Feb 2021
Veeam reports growth as demand for modern data protection increases
Virtualisation

Veeam reports growth as demand for modern data protection increases

Veeam Software reports substantial growth in fiscal year 2020, with annual recurring revenue up 22% YoY and 400,000 customers.

By Shannon Williams • 5 min read • Fri, 12th Feb 2021