Displaying items by tag: Results

Listed Australian network interconnection company and data centre operator Megaport has increased revenues to $4.15 million for the first quarter of FY 2018, a lift of 19.6% from the last quarter.

Telstra has defended its recent poor financial performance as it faces the strong headwinds of stiff market competition and a big hit to its revenues from the national broadband network.

Kogan has continued its policy of underpromising and overdelivering in the 2016-17 financial year, proudly boasting of significantly outperforming the prospectus forecasts on “all key metrics” with all figures up.

Telecommunications services provider MNF Group has reported an increase in profit for the 12 months to the end of June, attributing a strong performance for the year largely to organic growth in all segments of the business – domestic retail, domestic wholesale and global wholesale.

COMMENT All the doomsayers who predicted iPad sales were in a death spiral and that even if Apple Watch sold, it wouldn’t matter, look silly now.

The Macquarie Telecom Group has delivered $6.2 million in net profits for the first half of the 2017 fiscal year on increased revenue of $106.8 million.

The National Broadband Network raked in $181 million in revenue in the three months to the end of September as takeup of the network continues towards completion of the rollout by 2020.

New Zealand-based accounting software company Xero has posted a net loss after tax of NZ$43.9 million for the first half of FY17, with revenues year-on-year increasing by 48% to NZ$137 million.

Although 5G is what many are banking on, tough competition from Huawei and Nokia and a post-4G and pre-5G world sees Ericsson making a loss – for now.

Macquarie Telecom has reported revenue up by 5.5% and profit at $5.4 million compared to a loss of $4.3 million "for the prior corresponding period".

Telstra is investing $3 billion in its networks over the next three years as it attempts to win back the faith of disgruntled customers hit by a series of network outages over recent months.

Fast growing mobile payments and commerce company Mobile Embrace has performed strongly over the 2016 financial year, increasing profitability while establishing four new international territories for direct carrier billing and four for mobile marketing.

Vodafone Hutchison Australia has significantly boosted its customer base across the Australian market, with a multi-billion dollar investment in its network over recent years and a significant reduction in losses for the first half of this year.

Amazon has smashed market expectations by posting a profit for the fifth straight quarter — US$857 million on revenue of US$30.4 billion — for the second quarter of the 2016 fiscal year.

DocuSign has announced "rapid growth in Australia since establishing a presence in the region just two years ago, demonstrating the drive for digital transformation in the wider business market".

Huawei has announced its business results for the first half of 2016, generating sales revenues of CNY245.5 billion, an increase of 40% on the same period last year.

Accounting software provider Reckon has reported a modest revenue increase, but profit has been hit by the cost of developing and marketing the Reckon One cloud accounting system

While analysts rushed to pre-proclaim Apple doom before the latest results were announced, Apple’s actual sales, profits, results and cash in the bank put the rest of the tech sector to shame.

Google has joined Microsoft in reporting a quarterly profit increase. The company also announced a stock buyback.

Microsoft's first fiscal quarter results reveal a 2% rise in profits despite a 16% decline in revenue.