Financial results stories - Page 11

Xero sees strong profit rebound after pandemic squeeze, adding record 456k subscribers, but falls short of revenue estimates.

Juniper Networks Australia saw a drop in revenue to US$107.7m in 2020, but cost-cutting measures led to a more positive outlook.

FSIs in Asia Pacific face increasing cyber threats as digital banking accelerates, warns VMware's Modern Bank Heists 4.0 report.

The financial threat landscape experienced a game-changing pandemic year, according to a new report from Kaspersky.

Hewlett-Packard New Zealand reports $4.66 million net profit loss for 2020, down from $3.57 million in 2019. Revenue increased to $143.79 million.

Zoom's Q4 2020 financial results show total revenue of $882.5m, up 369% YoY, as it responds to increased demand during the pandemic.

Veeam Software reports substantial growth in fiscal year 2020, with annual recurring revenue up 22% YoY and 400,000 customers.

The total transaction value disclosed across all deals in the space was also significant, reaching $112 billion - the highest amount on record.

NEC acquires Swiss digital banking firm Avaloq, aiming to accelerate long-term growth and global expansion strategy.

Mid-market organizations express greatest dissatisfaction with accounting and finance functions, due to manual processes and lack of automation, says survey.

As a result of the strong showing, the company says it raising its fiscal 2021 subscription revenue guidance to a range of US$3.773 billion to $3.775 billion.

APAC consulting services revenue expected to reach $100bn in the next few years, with system design and integration leading the market.

sing Embedded analytics is a great way to make sure that everyone in your organisation is following the same process and making smarter data-driven decisions.

China to dominate APAC cloud computing market, capturing one-third of revenue by 2024, driven by government initiatives and demand from enterprises.

Microsoft's commercial cloud revenue for FY20 Q4 was larger than that of Google and IBM combined, according to new research.

Toshiba has recently published its annual reports for its Australian and New Zealand operations for the year ended 31 March 2020.

Zoom reports enormous 355% YoY increase in revenue for Q2 2021, as remote work continues to drive strong financial performance.

Spark New Zealand reports revenue growth and strong performance in key markets, with overall revenue increasing by 2.5% to $3,623 million.

Strong demand for secure SD-WAN and work-from-home capabilities helped power 18% second quarter revenue growth.

Veeam Software reports a 20% YoY increase in annual recurring revenue for Q2'20, its biggest second quarter ever.