Displaying items by tag: Results

Macquarie Telecom Group has suffered a 17.5% drop in net profit for the full year 2020, despite increasing revenue by 8% to $266.2 million for the year.

Global network protection vendor Claroty has recorded octuple annual recurring revenue growth year-over-year in the Asia Pacific region including Japan, from the first half of 2019 to the first half of 2020, fuelled by "growing demand for critical infrastructure security in the region".

VENDOR ANNOUNCEMENT: Global network protection vendor Claroty has recorded octuple annual recurring revenue growth year-over-year in the Asia Pacific region including Japan, from the first half of 2019 to the first half of 2020, fuelled by "growing demand for critical infrastructure security in the region".

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.

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.

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The Federal Government says national broadband network operator NBN Co has demonstrated “operational and financial resilience” during the initial phase of the COVID-19 pandemic and has welcomed the company’s “strong” 2019-20 third quarter results.

The coronavirus pandemic has failed to halt the growth of the Apple juggernaut, with the company posting quarterly revenue of US$58.3 billion for its second quarter, an increase of 1% year-on-year. Earnings at US$11.25 billion were slightly down from US$11.56 billion posted in the corresponding 2019 quarter.

TPG Telecom has recorded a net profit after tax of $143.6 million for the first half of its current financial year — which ended on 31 January — mostly due to the changes in wholesale pricing of plans by the NBN Co, the company rolling out Australia's broadband network.

Communications provider MNF Group is trumpeting “solid results” for the six months to the end of December 2019 with net profit after tax up 20% to $3.7 million on the back of an increase in revenue of 14% to $112 million from $98.1 million for the same period in 2019.

Chinese tech giant Lenovo Group has announced group revenue in the third quarter reached a record high of US$14.1 billion, marking the tenth consecutive year-on-year quarter of growth.

"Strong" full-year results have allowed accounting software provider Reckon Group to reduce its debt by $7 million and declare a 2c dividend bringing the total for 2019 to 5c, compared with 3c for 2018.

Accounting software provider MYOB has released its 2018 full-year results, showing a 2% improvement in after-tax profit.

Losses continue to mount in the rollout of Australia’s national broadband network, with an after tax loss of $4780 million for the 2018 financial year, still two years out from scheduled completion in 2020.

Online retailer Kogan has seen its shares fall by about a third on Monday, with a drop to $3.11, losing $1.53.

Apple's revenues for the second quarter of the current financial year rose to US$61.1 billion, a 16% rise from the corresponding quarter in the previous financial year. International sales accounted for 65% of the revenue in the quarter.

Online discounter Kogan has exceeded $200 million in half-year revenue for the six months to the end of December, and now claims 1.16 million active customers, an addition of 366,000 customers over one year.

Listed communications firm NetComm Wireless has reported record revenues of $88.6 million for the six months to the end of December 2017.

Growing Australian telecommunications player, the MNF Group, has put in a strong performance for the six months to the end of December, with revenue up 28% to $117 million, delivering increased profits.

Analytics and business intelligence vendor SAS has announced its latest results, recording a 41st consecutive year of growth – every year since the company was founded.