Financial results stories - Page 17

The dip in yearly revenue was offset by an 89% increase in operating profit, increasing from $232,344 in FY18 to $440,741 the following year.

Arrow ECS NZ reports NZ$3.3m revenue in FY19, a slight drop from FY18. Profit increases to NZ$ 2.1m from NZ$1.8m. Distribution deals secured.

Google New Zealand's revenue soared to NZD $36.2 million in FY19, doubling from 2018, with profits jumping to NZD $8.1 million from a USD $1 million loss.

The company's Cloud business saw huge gains, but the declining business activity in the early months of 2020 was not kind to the retail giant.

Logitech's sales reach record high of $2.98bn in fiscal 2020, boosted by strong Q4 sales and remote working demand.

Chief executives are being looked at to take accountability for errors in financial reporting, according to a new global survey.

Operating profit skyrocketed 41% year-on-year for the financial year ending March 31, helped by its release of the popular Animal Crossing: New Horizons..

The cybersecurity company saw gains in almost every category for its financial results of the first quarter of the year.

BlackLine launches free Remote Audit package to help finance teams conducting audits during COVID-19 lockdowns.

Microsoft's quarterly revenue rose by 15% to USD $35 billion, as the tech giant faced 'minimal impact' from COVID-19. Azure's revenue surged by 59%.

The streaming behemoth earned big in the first quarter of this year, adding record levels of new subscribers and increasing revenue 27.6% year-on-year.

Board International has unveiled a solution marketplace featuring prebuilt analysis, forecasting, and planning tools, enhancing decision-making for businesses.

HPE New Zealand has revealed its financial results for the financial year ending 31 October, seeing a net profit when compared to FY18's net loss.

Denodo, the data virtualisation provider, has experienced worldwide growth in 2019 thanks to strong year-end momentum and quality customer interactions.

R&M has announced it has experienced increased sales in 2019, reaching CHF276.7 million, with sites now in the US East Coast and China.

Medius reports a record year for 2019, with a 34% jump in subscription revenue and major customer wins including Christian Dior and Milwaukee Tool.

Financial companies are leading the way in hybrid cloud deployments, outpacing other industries, according to Nutanix's Enterprise Cloud Index Report.

The growth in EBITDA was achieved through a combination of operating cost reductions and strong broadband connections growth.

Both the parent in Australia and the NZ wing of the telco are showing solid revenue in the previous financial half-year.

Spark New Zealand reports its strongest revenue growth in three years, with 4% increase to NZD $1,824 million, driven by mobile, cloud, and digital services.