Displaying items by tag: Financial results

Cloud-native network detection and response provider ExtraHop more than doubled its business across the Asia Pacific region in the first half of 2021 - achieving record growth for the six months - according to the company’s latest financial report

Aussie Broadband Limited announced its results for the full year ended 30 June 2021 (FY21).

Fixed wireless and wholesale network infrastructure provider Swoop Holdings Limited (ASX: SWP) (Swoop) has announced full year results, reporting 104% revenue growth on the previous year to $30.9m, gross margin up 118% to $16.8m, and a 24% increase in subscriber numbers to 30,723.

Superloop says, strong FY2021 full-year results reflect its strategic focus, underlying growth, and profitable execution in operations and customer acquisition.

TPG Telecom Limited (TPG Telecom) released results for the six months ended 30 June 2021 that it says demonstrates the benefits of the merger as the company completes its foundational phase of integration.

Telecommunications, cloud and IT solutions provider Over the Wire Holdings Limited (ASX: OTW) announced it has delivered strong growth in recurring revenues with the company beginning to experience the full benefit of recent investments across its integrated solution platform.

Telstra released its results for financial year 2021, saying it had reached an important turning point in its financial performance and outlook.

NBN Co generated total revenue of $4.6 billion in FY21, an increase of 21% year-on-year. Driving the revenue was the addition of 933,000 residential and business premises that connected to the network in the last 12 months and a total of 8.2 million premises connected to the network at 30 June 2021.

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Video comms company Zoom has announced financial results for the fourth quarter ended January 31, 2021, and says it marked "a string finish to an unprecedented year for Zoom", which has Microsoft Teams, Google Hangouts, Jitsi, Bitrix24, Skype and so many other players in the video space fighting for supremacy.

The operator of the national broadband network, NBN Co, is trumpeting strong momentum and earnings growth, recording quarterly earnings of $102 million in the three months ending September 2020, compared to a loss of $435 million in Q1 FY2020 – and with total revenue of $1.07 billion for three months, up 22% on the corresponding quarter last year.

Australian-listed IT services company TechnologyOne has boosted profits for the year to the end of September on the back of continued “strong growth” over the 12 months.

Australia’s second biggest telco Optus has suffered a 32% drop in net profit for the three months of the June quarter with the telco attributing the decline to higher depreciation charges incurred with its investment in its mobile network and lower contributions from Optus Business.

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Chinese telecommunications giant Huawei Technologies has defied the US Trump administration’s best efforts to hamper its business through bans and restrictions and recorded a bumper first half.

ICT solutions provider Data3 has announced consolidated net profit before tax for the 2019 financial year is estimated to be approximately $26 million.

Online bank ME has achieved earnings of $96.5 million for the full year 2018 — an increase of 13% on 2017 — and attributes its results to strong growth.

Listed enterprise software company TechnologyOne attributes a strong first-half result, including record revenues and licence fees, primarily to its SaaS and cloud business, which delivered a profit of $3 million, up 217%.

Optus has increased its full-year profits to $817 million and boosted customer ranks over the last 12 months with the addition of 384,000 new mobile subscribers and 225,000 new NBN customers, according to its full year financial report.

Chinese telcommunications giant Huawei increased revenue by 32% to US$75.1 billion to record net profits of US$5.3 billion in 2016, up by just 0.4% as the company continued to invest in further global market expansion.