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Financial results stories

Magellanic Cloud reports stronger FY26 revenue & profit
Digital Transformation

Magellanic Cloud reports stronger FY26 revenue & profit

Higher rail and bank surveillance orders helped lift Magellanic Cloud's Q4 profit 34% and push full-year revenue above INR 706.8 crore.

By Karen Joy Bacudo • 4 min read • Last week
Snowflake buys Natoma & deepens AWS tie with USD £6bn
Customer Relationship Management

Snowflake buys Natoma & deepens AWS tie with USD £6bn

The move gives Snowflake a wider governance layer for enterprise AI and locks in a USD $6 billion AWS spend over five years.

By Joseph Gabriel Lagonsin • 5 min read • Last week
Westcon-Comstor lifts sales & profit on software shift
Software-as-a-Service

Westcon-Comstor lifts sales & profit on software shift

Higher-margin software and services lifted Westcon-Comstor's FY26 sales and profit, with recurring revenue now making up 68% of gross sales.

By Karen Joy Bacudo • 4 min read • Last week
Didit raises USD $7.5 million seed to boost fraud platform
Crypto

Didit raises USD $7.5 million seed to boost fraud platform

Growing fraud and stricter checks are driving demand for identity tools as the San Francisco start-up expands after fresh funding.

By Sean Mitchell • 4 min read • Last week
NFON confirms guidance as AI investment weighs on profit
Unified Communications

NFON confirms guidance as AI investment weighs on profit

Soft demand and higher AI investment trimmed quarterly earnings, but the Munich-based group still expects low- to mid-single-digit revenue growth this year.

By Karen Joy Bacudo • 3 min read • Last month
TechnologyOne posts record profit as AI boosts growth
Software-as-a-Service

TechnologyOne posts record profit as AI boosts growth

Strong adoption of AI tools and SaaS+ lifted TechnologyOne to its 17th straight record first-half profit and revenue.

By Karen Joy Bacudo • 5 min read • Last month
Merchmix launches retail operating system for stock
Digital Transformation

Merchmix launches retail operating system for stock

Retailers facing stock and margin pressure get a live planning system aimed at cutting spreadsheet sprawl and speeding decisions.

By Sofiah Nichole Salivio • 4 min read • Last month
JetLearn launches AI literacy test in US & UK schools
Generative AI

JetLearn launches AI literacy test in US & UK schools

Schools in the US and UK now have a new way to measure pupils' AI readiness as JetLearn pushes to shape an emerging education standard.

By Sean Mitchell • 4 min read • Last month

Stories from Other Regions

Financial results stories

Chargebacks911 & acceptcards partner on UK disputes
Data Analytics

Chargebacks911 & acceptcards partner on UK disputes

UK merchants facing rising friendly fraud will gain access to tools aimed at cutting disputes and recovering revenue through the new tie-up.

By Karen Joy Bacudo • 4 min read • Last month
Ordermentum secures AUD $55 million backing from Five V
Data Analytics

Ordermentum secures AUD $55 million backing from Five V

The funding will help the hospitality software group hire, expand AI tools and buy smaller rivals as venues face rising costs.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Mercury raises USD $200 million in Series D led by TCV
Digital Transformation

Mercury raises USD $200 million in Series D led by TCV

Strong application growth and a push beyond startups helped Mercury secure new funding as it moves towards becoming a nationally regulated bank.

By Karen Joy Bacudo • 3 min read • Last month
eir reports steady Q1 growth as fibre & mobile rise
Digital Transformation

eir reports steady Q1 growth as fibre & mobile rise

Ireland's biggest telecoms group added fibre and mobile customers in Q1, as revenue edged up 1% to EUR 313 million.

By Karen Joy Bacudo • 4 min read • Last month
UiPath & Marshalls overhaul bidding with AI pricing
Manufacturing

UiPath & Marshalls overhaul bidding with AI pricing

Faster quotes and tighter margin control are helping Marshalls win tenders in the UK building materials market as it shifts pricing to AI.

By Sofiah Nichole Salivio • 4 min read • Last month
Eebz launches AI models with GBP £10 million boost
Digital Transformation

Eebz launches AI models with GBP £10 million boost

The £10 million funding is meant to help brands cut eCommerce data errors, speed up insights and track SKU-level changes in real time.

By Mark Tarre • 4 min read • Last month
UK chief executives boost M&A as AI drives dealmaking rise
Digital Transformation

UK chief executives boost M&A as AI drives dealmaking rise

EY-Parthenon says dealmaking is shifting towards AI and technology as 87% of UK chief executives expect their M&A appetite to rise.

By Karen Joy Bacudo • 4 min read • Last month
From data overload to profit: Making insights actionable
Software-as-a-Service

From data overload to profit: Making insights actionable

Poor-quality customer records are skewing AI and costing retailers money, despite many firms still not trusting the data behind decisions.

By Barley Laing • 4 min read • Last month
Automation takes centre stage at Sydney hospitality show
Robotics

Automation takes centre stage at Sydney hospitality show

Labour shortages and soaring power bills are pushing Australian venues towards robots, automated coffee kiosks and smarter energy controls.

By Mark Tarre • 4 min read • Last month