Financial results stories - Page 7

Westcon-Comstor has been named an inaugural Catalyst Partner under Broadcom's Enterprise Security Group, securing sole APAC distribution rights for Symantec and Carbon Black.

NTT New Zealand cuts net loss to NZD $17.3M but remains in deficit amid declining revenues and rising interest costs, challenging its financial stability.

Okta has launched new identity management tools, including Identity Security Posture Management, aimed at enhancing security for financial services amid escalating cyber threats.

Snowflake reports Q2 fiscal 2025 revenue of USD $868.8 million, a 29% YoY growth. Product revenue rose 30% to USD $829.3 million.

nib New Zealand reports a NZD $21.2 million operating profit for FY24 and a 3.1% increase in policyholders, navigating economic and healthcare challenges.

Workday's revenue surged to USD $2.085 billion in Q2, up 16.7%. It also rolled out new global payroll services to streamline multinational operations.

Zoom Video Communications surpasses fiscal Q2 guidance with USD $1,162.5 million revenue, driven by AI-powered tools; records a 33.7% rise in operating cash flow.

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.

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.

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.

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.