Financial results Stories - Page 19

UK Stories

Financial results stories

Peter Birks appointed new CEO of Velstar, succeeds Dan Sheard

Peter Birks has been named CEO of Velstar, with founder Dan Sheard transitioning to focus on growth and partnerships. Velstar projects a revenue of GBP £10 million for 2024.

By Imee Dequito • 3 min read • Thu, 11th Jul 2024

Partner Programmes

IWD 2024: The qualities that make women shine as CISOs

IWD 2024: As the role of CISOs shifts from tech-focus to strategic leadership, women's unique qualities drive their success in navigating today's complex cybersecurity landscape.

By Mani Keerthi Nagothu • 4 min read • Thu, 7th Mar 2024

Global Stories

Financial results stories

Customer Relationship Management

Salesforce Misses Analysts' Revenue Forecasts for Q1 Fiscal 2025

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.

By Sean Mitchell • 3 min read • Sat, 8th Jun 2024

Cybersecurity

Westcon-Comstor reports 8% revenue rise to USD $3.69 billion

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.

By Kaleah Salmon • 3 min read • Tue, 28th May 2024

Customer Relationship Management

IFS tops EAM market for third year with US$452 million revenue

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.

By Catherine Knowles • 3 min read • Mon, 27th May 2024

Gaming

NVIDIA achieves record revenue of USD $26 billion in Q1 2025

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.

By Sean Mitchell • 3 min read • Sun, 26th May 2024

Customer Experience

Zoom reports strong growth & profitability for Q1 2024

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.

By Shannon Williams • 3 min read • Thu, 23rd May 2024

Financial results

TechnologyOne sees 16% rise in revenue for half-year ending 2024

TechnologyOne's financial results for HY24 show a 16% revenue rise to AUD $244.8M, driven by strong SaaS growth and UK market gains.

By Sean Mitchell • 2 min read • Thu, 23rd May 2024

Firewalls

Fortinet's Q1 2024 results show 7% increase in total revenue

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.

By Shannon Williams • 3 min read • Wed, 8th May 2024

Digital Transformation

ServiceNow impresses with strong Q1 2024 financial results

ServiceNow reports remarkable Q1 2024 results, exceeding expectations in all main and profit-related metrics and showcasing its digital transformation prowess.

By Kaleah Salmon • 3 min read • Wed, 1st May 2024

Financial results

Kyriba reveals $95 billion currency effect in global liquidity report

Kyriba's Q4 2023 report highlights a $95bn total currency impact on revenues of 1700 public North American and European companies.

By Tom Raynel • 3 min read • Fri, 26th Apr 2024

Stories from Other Regions

Financial results stories

Unified Communications

Fidelity Life launches enhanced E-App with UnderwriteMe

Fidelity Life teams with UnderwriteMe to launch E-App, transforming life insurance applications in New Zealand by streamlining the underwriting process.

By Catherine Knowles • 3 min read • Thu, 18th Jul 2024

Gaming

SenSen Networks reports record financial results for FY24

SenSen Networks posts record Q4 and FY24 results with AUD $4.0 million in quarterly customer cash receipts, a 23% increase, as it exits the Gaming market.

By Catherine Knowles • 3 min read • Wed, 17th Jul 2024

Risk & Compliance

Excite Technology Services reports productive June 2024 quarter

Excite Technology Services reported a strong June 2024 quarter with an additional AUD $989K in annual contract value, bolstering its growth and market position.

By Sean Mitchell • 3 min read • Thu, 27th Jun 2024

Risk & Compliance

Datacom returns to profit, unveils strategic transformation plan

Datacom rebounds to NZD $41 million pre-tax profit, unveiling a strategic transformation plan to bolster future growth and AI adoption across its operations.

By Sean Mitchell • 3 min read • Thu, 27th Jun 2024

Generative AI

Financial reporting set for AI overhaul, suggests KPMG study

AI advancements promise a major transformation in financial reporting, with 75% of large Australian companies already utilising the technology.

By Shannon Williams • 3 min read • Wed, 15th May 2024

Financial results

Newgen Software reports 28% annual revenue jump in FY24

Indian tech giant Newgen Software Technologies rings in FY24 with a 28% surge in annual revenue, hitting a milestone with a quarterly profit of over $12 million.

By Kaleah Salmon • 3 min read • Mon, 6th May 2024