Financial results stories - Page 15

There may be less money to play with but the company had a very busy year with a series of new data centre launches revenues rising 31 percent.

MYOB is on track to reach one million online subscribers by 2020, reporting a 7% rise in revenue to NZD $239.3 million and a 61% growth in subscribers.

Spark New Zealand thrives amidst major Agile shift, posting a $35m revenue increase and robust operational gains.

Lenovo has announced its results for its first fiscal quarter and they paint a pretty picture with double-digit growth across the company.

Equinix has brought around its 20th anniversary in style after announcing the doubling of its APAC revenue in the last 5 years.

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%.

IDC found with the ongoing influx of digital transformation, cloud service providers have a high degree of confidence in their business outlook.

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.

A real estate investment trust has revealed the value of two recent data center sales, with the total sum exceeding $85 million.

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.

SaaS platform contract revenue has grown 51% and revenue from cloud offerings by 217%, leading to a total of $120m in revenue over this half-year.

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.

In Google Australia has posted $1.02b in revenue. However, in their report, they note that it could have been $3b if not for creative accounting.

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.