Financial results stories - Page 2

Amplitude posts an 8% revenue growth to USD $73.3 million, appoints Andrew Casey as new CFO, and prepares for potential sanctions-related risks impacting receivables.

Fortinet's Q2 2024 results show record operating margins and a 19.8% rise in service revenue, signalling strong growth despite a slight dip in product sales.

Milestone Systems has launched its most interactive Experience Centre in Melbourne’s Mulgrave, boosting its APAC presence with cutting-edge video tech solutions.

LG Electronics posted record second-quarter revenue of KRW 21.69 trillion (USD $15.82 billion) and operating profit of KRW 1.20 trillion (USD $875 million).

Dell New Zealand reported a sharp 16% drop in FY2024 revenues, with total earnings falling from NZD $288 million to NZD $240.3 million, as market demand shrinks.

Check Point names Nadav Zafrir as new CEO amid strong Q2 2024 results, with revenues up 7% to USD $627 million. Founder Gil Shwed to become Executive Chairman.

Fidelity Life teams with UnderwriteMe to launch E-App, transforming life insurance applications in New Zealand by streamlining the underwriting process.

SenSen Networks posts record Q4 and FY24 results with AUD $4.0 million in quarterly customer cash receipts, a 23% increase, as it exits the Gaming market.

Peter Birks has been named CEO of Velstar, with founder Dan Sheard transitioning to focus on growth and partnerships. Velstar projects a revenue of GBP £10 million for 2024.

Excite Technology Services reported a strong June 2024 quarter with an additional AUD $989K in annual contract value, bolstering its growth and market position.

Datacom rebounds to NZD $41 million pre-tax profit, unveiling a strategic transformation plan to bolster future growth and AI adoption across its operations.

Salesforce posted an 11% rise in Q1 FY25 revenue to USD $9.13 billion but missed analysts’ forecasts. Strong cash flow and margins highlight financial gains.

Westcon-Comstor reports an 8% revenue increase to USD $3.69 billion for FY24, driven by recurring revenues and growth in cybersecurity and networking sectors.

IFS has secured its third consecutive year as the market leader in Enterprise Asset Management software, achieving a 20.3% share and US$452 million in revenue.

NVIDIA reports a record Q1 FY2025 with USD $26.0 billion revenue, an 18% quarterly and 262% yearly surge, fueled by strong Data Centre advancements.

Zoom's Q1 financial results show 3.2% revenue growth and a stark rise in net income to $216.3M, driven by AI integration and increased enterprise adoption.

TechnologyOne's financial results for HY24 show a 16% revenue rise to AUD $244.8M, driven by strong SaaS growth and UK market gains.

AI advancements promise a major transformation in financial reporting, with 75% of large Australian companies already utilising the technology.

Fortinet releases strong Q1 2024 financial results with total revenues of US$1.35bn, a 7% increase YoY, underpinned by a significant 24% hike in service revenue.

Indian tech giant Newgen Software Technologies rings in FY24 with a 28% surge in annual revenue, hitting a milestone with a quarterly profit of over $12 million.