Financial results stories - Page 11
Gartner: eCommerce will soon be the most important sales channel
Fri, 5th Nov 2021
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ecommerce
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skills gap
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financial results
eCommerce will be essential for organisations in the near future, with 86% of marketing leaders agreeing on its importance, according to Gartner.
Only 11% of global execs see significant financial benefits from AI initiatives
Thu, 4th Nov 2021
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ai
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enterprise adoption
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financial results
Only 11% of global execs are reaping significant financial benefits from their AI initiatives, a study reveals.
IT services revenue to hit $1.1 trillion this year — IDC
Mon, 18th Oct 2021
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digital transformation
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it services
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financial results
Global IT and business services revenue is estimated to grow by 3.4% this year, according to new data from IDC.
Finance sector vulnerable to rising cyberattacks
Wed, 29th Sep 2021
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cybersecurity
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financial results
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cyber attacks
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.
Westcon NZ posts $17.6m revenue drop with little effect on profit
Tue, 3rd Aug 2021
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westcon-comstor
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financial results
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distributors
Westcon Group NZ revenue drops by $17.6m to $134.4m in 2021, but profits only dip by $117k due to cost savings. COVID-19 impact monitored.
Alphabet publishes Q2 2021 financial results showing Google in fine form
Mon, 2nd Aug 2021
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hyperscale
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public cloud
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google
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.
Five ways businesses can increase profitability from loyalty programs
Mon, 26th Jul 2021
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ecommerce
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financial results
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loyalty programmes
Loyalty programs that focus on genuine customer relationships can deliver significant value to organizations, driving repeat business and growth.
Datacom Group profit up 84%
Tue, 6th Jul 2021
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storage
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cloud storage
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datacom
Datacom Group, a leading tech company, has reported a nearly doubled profit of $35m, thanks to increased demand for digital services.
LG Electronics Australia posts $15.8m profit for FY 2020
Thu, 1st Jul 2021
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financial results
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covid-19
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lg
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.
Zoom’s first-quarter financial results nearly 1 billion, up 191% year over year
Thu, 3rd Jun 2021
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uc
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dr
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hybrid & remote work
Zoom’s financial results for the first quarter of 2021 have a total revenue of $956.2 million, up 191% year over year.
Travel software firm Serko suffers sharp losses amid pandemic disruption
Thu, 20th May 2021
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serko
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financial results
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partners
Serko, the travel software company, has reported an increased net loss of $29.4m due to the impact of the pandemic on its business.
NZ software firm Timely snapped up by overseas buyer
Thu, 20th May 2021
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smb
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m&a
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financial results
US company EverCommerce has acquired Dunedin-based software firm Timely, which provides booking software for spas and salons.
Xero draws massive profits in pandemic
Fri, 14th May 2021
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hyperscale
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public cloud
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fintech
Xero sees strong profit rebound after pandemic squeeze, adding record 456k subscribers, but falls short of revenue estimates.
Juniper Networks Australia posts modest profit in 2020
Tue, 4th May 2021
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data analytics
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planning
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bi
Juniper Networks Australia saw a drop in revenue to US$107.7m in 2020, but cost-cutting measures led to a more positive outlook.
Cybercriminals influencing financial markets, report finds
Fri, 16th Apr 2021
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virtualisation
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it automation
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cybersecurity
FSIs in Asia Pacific face increasing cyber threats as digital banking accelerates, warns VMware's Modern Bank Heists 4.0 report.
2020 sees a global shift in financial malware threats
Wed, 7th Apr 2021
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cybersecurity
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kaspersky
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financial results
The financial threat landscape experienced a game-changing pandemic year, according to a new report from Kaspersky.
Hewlett-Packard NZ posts $4.66m net profit loss
Wed, 31st Mar 2021
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hp
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financial results
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covid-19
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.
Tech companies need better financial controls to overcome growing revenue challenges
Fri, 26th Mar 2021
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financial systems
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financial results
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channel ecosystem
High tech companies face revenue challenges and rely on spreadsheets for revenue management, according to new research by Model N.
Strong fourth quarter for Zoom in wake of COVID-19 crisis
Tue, 2nd Mar 2021
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uc
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video conferencing
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financial results
Zoom's Q4 2020 financial results show total revenue of $882.5m, up 369% YoY, as it responds to increased demand during the pandemic.
Customer churn costing Australian businesses millions, report finds
Mon, 22nd Feb 2021
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customers
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sugarcrm
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financial results
Lack of visibility into customer data is costing businesses millions and fueling a customer relationship crisis, says SugarCRM.