Global Stories

Fonterra posts $348 million half-year profit loss, CEO steps down

Fonterra CEO, Theo Spierings, is set to step down later this year, but will continue in an advisory role focusing on China.

By Julia Gabel • 3 min read • Wed, 21st Mar 2018

Converged Infrastructure

Nutanix continues revenue growth for Q2, acquires Minjar

Nutanix reports a 44% revenue growth in Q2 2018, reaching USD $286.7 million, and acquires Minjar to bolster its multi-cloud management capabilities.

By Patrick Martlew • 3 min read • Fri, 2nd Mar 2018

Lenovo

EXCLUSIVE: Lenovo ANZ subsidiaries' impressive finances

Lenovo's Australia and New Zealand subsidiary reported a stunning AUD $4 million rise in profits and an 8.7% surge in revenue, aided by major cost cuts.

By Ben Moore • 2 min read • Wed, 28th Feb 2018

Fintech

MYOB sees record online subscriber growth and migration rates

MYOB reports a 60% increase in online subscribers, fuelled by new SME wins and high migration rates, leading to significant financial growth in 2017.

By Kai Ping Lew • 4 min read • Mon, 26th Feb 2018

Customer Relationship Management

Chorus posts profit, trims staff - will invest in infrastructure, CX

Chorus nets $47m in profit. CEO says company will continue to improve customer experience and invest in infrastructure across NZ.

By Ben Moore • 3 min read • Mon, 26th Feb 2018

Unified Communications

Despite H1 revenue drop, Hills expect a profitable year

Hills attributes the fall in revenue to the exiting of the unprofitable NBN satellite installation business and a shortfall in antenna sales.

By Ben Moore • 2 min read • Thu, 22nd Feb 2018

Unified Communications

Cisco is doing it for themselves - new strategy's success

Cisco has announced a successful quarter which, their CEO claims, reflects the success of their new global strategy.

By Ben Moore • 2 min read • Fri, 16th Feb 2018

Partner Programmes

Empired signal NZ election woes with marginal revenue rise

Empired's revenue grew marginally by 2% to AUD $85 million despite a sharp 13% decline in New Zealand due to election-related market disruption.

By Patrick Martlew • 2 min read • Wed, 14th Feb 2018

Document Management

Reckon Group FY17 results shows investment for future growth

Reckon Group's Document Management Business has demerged and listed on the AIM market of the London Stock Exchange.

By Kai Ping Lew • 3 min read • Wed, 14th Feb 2018

Unified Communications

NBN achieve double revenue figures according to half-year financial report

As at 31 December 2017, NBN declared that 6.1 million premises are 'ready to connect' and a total of 7.1 million premises are 'ready for service'.

By Patrick Martlew • 2 min read • Tue, 13th Feb 2018

Resellers

JB Hi-Fi driving strong gains with surging Aussie growth, despite NZ decline

JB Hi-Fi reported record H1 sales of AUD $3.7 billion, driven by strong Australian growth despite a slight decline in New Zealand performance.

By Patrick Martlew • 3 min read • Mon, 12th Feb 2018

Microsoft

Microsoft quarterly earnings report

Microsoft's latest financial quarter saw revenues up 12% to USD $28.9 billion, but a GAAP net loss of USD $6.3 billion due to a tax charge.

By Jacques-Pierre (JP) Dumas • 2 min read • Mon, 5th Feb 2018

Digital Signage

Samsung posts healthy Q4 profit and 50:1 stock split

Samsung shares skyrocket on news of a strong Q4 profit and a 50:1 stock split aimed at attracting more investors, boosting accessibility.

By Patrick Martlew • 2 min read • Thu, 1st Feb 2018

Digital Transformation

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.

By Ashton Young • 3 min read • Wed, 31st Jan 2018

Partner Programmes

Virtual Instruments reports record customer growth in 2017

It says the past year was its best year to date when looking at customer bookings, with a 173% growth rate in new customers.

By Patrick Martlew • 2 min read • Thu, 11th Jan 2018

Virtualisation

Veeam 'on track' to be a $1 billion company according to latest financial report

The enterprise software company has posted $827M in total bookings revenue in 2017, an increase of 36% year-over-year.

By Patrick Martlew • 3 min read • Wed, 10th Jan 2018

Fintech

Enprise reports steady growth in half-year financial report

Enprise Group's half-year report until September 30, 2017, shows a 10.40% revenue jump to NZD $4.7 million and a 22% rise in net profit to NZD $393,000.

By Patrick Martlew • 3 min read • Mon, 4th Dec 2017

Cloud Services

Huge cloud turnaround spurs TechnologyOne's financial growth

TechnologyOne reports record revenue, profits, and licence fees for the eighth consecutive year, driven by a remarkable turnaround in its cloud business.

By Patrick Martlew • 3 min read • Tue, 21st Nov 2017