Industry insider news for New Zealand's technology resellers
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HPE NZ posts net profit in FY19 results, improving on prior year's loss
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.
Chorus reports strong EBITDA following solid half
The growth in EBITDA was achieved through a combination of operating cost reductions and strong broadband connections growth.
Vocus showing growth in A/NZ markets
Both the parent in Australia and the NZ wing of the telco are showing solid revenue in the previous financial half-year.
RingCentral reveals strong financial results for Q4
The company reached its goal of $1 billion annual revenue.
Harvey Norman NZ financial results exposed
The tech and furniture retailer capped off a successful financial year.
Apple NZ profit drops 22%; revenue drops 8.6%
Apple has released its New Zealand annual financial statements to the year ended 28 September 2019, with a 22% dip in profit year-over-year.
Cisco Australia reports $16m loss
Cisco Systems Australia’s latest annual report has indicated a $16,118,000 loss for the period ended 27 July 2019.
Xero reports $1.3mil net profit, passes 2 million global subscribers
While it took more than a decade to add Xero’s first million subscribers, it took two and a half years to add the next million.
Spark lifts earnings on the back of mobile, wireless, cloud services
The telco's continued improved performance was founded on a clear strategy with strong execution and greater customer focus.
Online lending marketplace Harmoney records first profit of $7.2m
This is in comparison to the four-year-old company’s $1.8 million loss last year.
Google Cloud drives Alphabet's soaring revenue
"Our ongoing investments in compute capabilities and engineering talent reflect the compelling opportunities we see across the company.”
Veeam reports double-digit Q1 growth
We are now focussed on an aggressive strategy to help businesses transition to cloud with Backup and Cloud Data Management solutions.
Reckon Group announces a steady profit in 2018
Reckon continued its investment in growth throughout the year with a development spend of $14.3 million.
Talent revenue goes up after a strong financial year
“We have seen strong growth across all A/NZ branches, with both permanent and contract revenue significantly exceeding budget."
HPE announces financial results for the fourth quarter of 2018
“As we close my first fiscal year as CEO, I am incredibly proud of where we stand in the marketplace."
Positive results for Microsoft, but Azure growth slows
Microsoft has released its latest financial results, and albeit one disappointment it’s good news for shareholders.
Bad day at the office for IBM with latest quarterly results
The latest financial results for IBM have revealed a disappointment for investors as the tech giant missed almost all of its targets.
Vodafone year end results show revenue growth and profit drop
With a $5m growth in revenue and 92,000 more customers over the last year, Vodafone remains in a strong position despite $7.7m less profit than 2017.
Profits down but revenue & CAPEX up as NEXTDC eyes the future
There may be less money to play with but the company had a very busy year with a series of new data centre launches revenues rising 31 percent.
MYOB says it's 'on track' to hit 1m subscribers by 2020
“Our client-focused innovation continues to drive business improvements and personal rewards for businesses throughout New Zealand and Australia."
The impact of business transformation on Spark NZ’s financial year
"Spark’s success in growth areas continued to offset the decline in legacy areas of the business."
Lenovo Data Center Group revenue skyrockets 67.8% in 12 months
Lenovo has announced its results for its first fiscal quarter and they paint a pretty picture with double-digit growth across the company.
Datacom report revenue growth despite overall loss
"Datacom’s strategy and new organisational structure position us well to meet current and future client needs."
Microsoft Cloud drives record fourth quarter results
"We had an incredible year, surpassing $100 billion in revenue as a result of our relentless focus on customer success."