Financials stories - Page 2
Concur explains how CIOs can gain quick wins in financial transformation
Concur has come up with three important questions (including a breakdown of each one) CIOs should ask their teams to get a quick win.
Datatec to 'streamline' Westcon International business
Westcon International's operations are to be streamlined as parent company Datatec focuses on improving the disties financial performance.
TechnologyOne wins $7 million federal contract for SaaS deployment
The Department of Industry, Innovation and Science (DIIS) is the second shared service hub to partner with TechnologyOne.
Strong local growth driving new vendor opportunities for Exclusive
Strong growth in Australia and New Zealand is allowing Exclusive Networks to test new vendors, without reliance on their incremental revenue.
Solid results for Arrow ECS post Distribution Central buy
Arrow ECS New Zealand has recorded solid results for the six months to 31 December.
Revenue down, but gross profit up for Westcon-Comstor APAC business
Westcon-Comstor’s Asia Pacific business has logged a $17m drop in revenue for the H1 of this financial year, but managed a $1.6m profit increase.
'Outstanding' results for Noel Leeming as Warehouse Group transforms
Noel Leeming has delivered another year of ‘outstanding’ results as parent company The Warehouse Group looks to digitally transform.
Nutanix revenue soars in first year as public company
Hyperconverged pioneer Nutanix has seen revenue growth of 72% for its first year as a public company - but the losses keep coming.
Rebate woes hit Tech Data profits, despite sales boost
Tech Data has recorded a solid increase in net sales on the back of its Technology Solutions acquisition, but weaker than expected profits for Q2.
Fujitsu NZ slumps into red despite revenue increase
Fujitsu New Zealand has plunged into the red with a $603,000 loss for the latest financial year, despite recording an increase in revenue.
Hills to return to profit next year, takes control of supply chain
Hills expects to return to profitability in the next financial year, and will take full control of its supply chain from early next year.
Solid growth for Dicker Data business, but restructure ahead for NZ
Dicker Data has posted solid revenue growth of 7.1% for the first six months of 2017, as it looks to SaaS and IaaS and specialisation to drive growth.
Updated: Westcon-Comstor NZ business drops into the red
'Significant' investments in the local market and a decline in revenue have seen Westcon-Comstor's Kiwi business slump into the red.
Data#3 joins billion dollar club - and posts record profit
Data#3 has joined the $1 billion club, clocking up revenue of $1.1 billion for the year ended 30 June – and posting a record profit to boot.
Public cloud subscription growth driving Rhipe revenues
Demand is moving from private cloud to public cloud, with Rhipe reaping the benefits in its latest financials.
'Disappointing' Kiwi results lead to improvement strategy for JB Hi-Fi
JB HiFi says it is finalising a two year strategy to improve its performance in the NZ market following ‘disappointing’ financial performance here.
Toshiba NZ's profit up, revenue down as company sells off PC and medical businesses
Toshiba’s New Zealand business has produced an improved profit for the latest financial year, despite a slight decrease in sales revenue.
Growth's good for LG Electronics' New Zealand business
LG Electronics’ New Zealand business has logged a 15% for last financial year, with profit also moving upwards.
QTS reports financial results with a renewed focus on hyperscale customers
"We remain focused on building strength and capacity within QTS to continue to deliver valuable solutions for larger C1-hyperscale customers."
Check Point’s second quarter financials exceed highest end of projections
Gil Shrewd says the company is rapt with the second quarter results, reporting the revenue growth to be healthy.
Galaxy Note 7 issues fail to dampen bumper Samsung Electronics NZ profit
Samsung Electronics New Zealand has reported a bumper profit increase on the back of solid revenue growth – despite the Note 7 issues.
Positive June quarter for Infosys with more money, clients and employees
As of June 30 2017, liquid assets including cash and cash equivalents and investments are $6,091 million, compared $5.979 million on March 31 2017.
Winning Ugly Together
Many of the traditional IT barriers, both internally and externally, have been lowered to a point where many will be able to shine.