Displaying items by tag: Financials

A growing number of Australian enterprises have made the switch and, for the rest, it’s only a matter of time.

GUEST OPINION by Claudia Pirko, ANZ Regional Vice President, BlackLine:  Has your business moved some or all of its core software applications to the cloud? For a growing number of local organisations, the answer is a resounding ‘yes’.

Published in Guest Opinion

Object storage specialist provider Cloudian has announced record bookings for the first half of its fiscal year from February to July, increasing 50 per cent over the same period last year.

Published in Market

Global networking systems, services and software company Ciena has reported first quarter 2021 revenue of US$757.1 million, compared to US$832.9 million for the fiscal first quarter last year.

Published in Listed Tech

Australian-listed Macquarie Telecom Group is trumpeting delivery of 13-consecutive halves of profitable revenue growth, wth the release of its results for the half year ended December 2020.

Thursday, 25 February 2021 00:01

Over the Wire boosts revenue, earnings for half year

ASX-listed telecommunications, cloud and IT solutions provider Over the Wire increased revenue by 17% to $50.3 million for the half year ending December 2020, with earnings before interest, taxes, depreciation and amortisation (EBITDA) increasing 28% to $10.5 million.

Published in Listed Tech

Australian-listed software technology company MGM Wireless has recorded total revenue growth of 47% to $10.5 million for 2020, despite experiencing a decrease in March - and then a rebound - in sales of its SPACETALK all in one children’s smartphone, watch and GPS device, due to the COVID-19 pandemic.

Published in Listed Tech

Australian-listed Internet service provider Spirit Telecom is trumpeting record growth of the business for 2020, with revenue increasing 100% to $34.9 million and an after tax net loss of $1.5 million in what the company describes as a “transformative” year.

Published in Telecoms & NBN

Telstra has suffered a 14% drop in profits with the telco putting the decline down to pressure put on it by the the coronavirus pandemic and the national bushfire crisis.

Published in Telecoms & NBN

Western Australia’s Curtin University has turned to software provider TechnologyOne to bolster its Software as a Service (SaaS) ERP solution, as it works to respond to the unprecedented impacts of the COVID-19 pandemic.

Published in Deals

Australian IT professionals potentially have greater concerns about the security of company financials and intellectual property than the global average, according to a new global study which found that Australian respondents appear nearly 4.5 times more concerned about these areas of security than their home security, compared to the 3 times global response.

Published in Security

Australia’s second largest telco Optus has reported “slightly lower” quarterly operating revenues year on year, down from $2,419 million in 2018 to $2,393 million for 2019, with higher NBN migration revenue offsetting lower equipment and service revenues.

Monday, 16 December 2019 14:50

IT to become 2nd biggest ASX sector, says AIIA

The chief of the Australian Informational Industry Association (AIIA) Ron Gauci expects IT to become the second biggest ASX sector when a new S&P All Technology Index - S&P AllTech - launches in February next year.

Published in Listed Tech

Residential builder AVJennings has signed a five-year deal with Australian enterprise software company TechnologyOne.

Published in Deals

Organisations need to move to the cloud to take advantage of rapid technological change and to keep up with the speed of business changes. Oracle executive vice-president of applications and product development, Steve Miranda, said at Oracle OpenWorld Asia.

Published in Cloud
Wednesday, 31 October 2018 22:01

Dubber buoyant with record contracts growth: report

Australian-listed call recording platform provider Dubber has reported record growth in contracts for services with telecommunications service providers in the final quarter of the 2018 financial year.

Published in Listed Tech

Australian-based global technology recruitment specialist Talent has reported solid growth for the six months to the end of December 2017, on the back of a strong performance in APAC, its San Francisco office exceeding expectations and a turnaround in the company’s London office in the wake of the post-Brexit announcement.

Published in Recruitment

Optus has reported a rise in operating revenue for the first quarter of 4.8% to $2.1 billion and an increased focus on postpaid customers saw the telco add over 54,000 postpaid subscribers for the three months. 

Tuesday, 25 July 2017 11:40

Kogan boosts cashflows with strong quarter

Online discounter Kogan has beaten forecasts for the three months to the end of June, producing new operating cashflows of $9.9 million for the quarter.

Published in Listed Tech
Thursday, 11 May 2017 20:39

Xero lifts global revenues, subscribers

New Zealand-headquartered accounting software company Xero has increased revenues to NZ$295.4 million for the full year to the end of March on the back of an addition of 318,000 new subscribers globally.

Published in Accounting Software

Online discount retailer Kogan has upgraded its full-year profit guidance and is now expecting EBITDA — earnings before interest, tax, depreciation and amortisation — to be more than $11.5 million for the full year 2017, an increase from previous guidance of between $10.5 and $11.5 million.

Published in Listed Tech
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