Financial results stories - Page 12

Microsoft's commercial cloud revenue for FY20 Q4 was larger than that of Google and IBM combined, according to new research.

Toshiba has recently published its annual reports for its Australian and New Zealand operations for the year ended 31 March 2020.

Zoom reports enormous 355% YoY increase in revenue for Q2 2021, as remote work continues to drive strong financial performance.

Spark New Zealand reports revenue growth and strong performance in key markets, with overall revenue increasing by 2.5% to $3,623 million.

Strong demand for secure SD-WAN and work-from-home capabilities helped power 18% second quarter revenue growth.

Veeam Software reports a 20% YoY increase in annual recurring revenue for Q2'20, its biggest second quarter ever.

Arrow ECS NZ reports NZ$3.3m revenue in FY19, a slight drop from FY18. Profit increases to NZ$ 2.1m from NZ$1.8m. Distribution deals secured.

The company's Cloud business saw huge gains, but the declining business activity in the early months of 2020 was not kind to the retail giant.

Logitech's sales reach record high of $2.98bn in fiscal 2020, boosted by strong Q4 sales and remote working demand.

Operating profit skyrocketed 41% year-on-year for the financial year ending March 31, helped by its release of the popular Animal Crossing: New Horizons..

The cybersecurity company saw gains in almost every category for its financial results of the first quarter of the year.

BlackLine launches free Remote Audit package to help finance teams conducting audits during COVID-19 lockdowns.

Microsoft's quarterly revenue rose by 15% to USD $35 billion, as the tech giant faced 'minimal impact' from COVID-19. Azure's revenue surged by 59%.

The streaming behemoth earned big in the first quarter of this year, adding record levels of new subscribers and increasing revenue 27.6% year-on-year.

Board International has unveiled a solution marketplace featuring prebuilt analysis, forecasting, and planning tools, enhancing decision-making for businesses.

Chinese software and internet services company, Kingsoft, has reported an increase in annual revenue, driven by cloud services.

Denodo, the data virtualisation provider, has experienced worldwide growth in 2019 thanks to strong year-end momentum and quality customer interactions.

R&M has announced it has experienced increased sales in 2019, reaching CHF276.7 million, with sites now in the US East Coast and China.

Medius reports a record year for 2019, with a 34% jump in subscription revenue and major customer wins including Christian Dior and Milwaukee Tool.

Financial companies are leading the way in hybrid cloud deployments, outpacing other industries, according to Nutanix's Enterprise Cloud Index Report.