Revenue stories - Page 13

A rise in services revenue hasn't been enough to stop SAP New Zealand’s profit for the latest financial year crashing 97.5%.

Cirrus Networks expects to double its revenue to $40+ million this year, with founder Frank Richmond stepping down from the day to day operations.

Enterprise cloud applications provider Workday has opened a global support centre in Auckland, bringing up to 140 jobs to the city.

Noel Leeming has seen a solid boost in revenue for the latest quarter, with the electronics retailer the standout brand for The Warehouse Group.

Cognizant has logged a 10.7% increase in revenue for the first quarter of 2017 as it continues its shift to digital services and solutions.

F5 celebrated the renovation of its North Sydney office with channel partners and distributors last week as it reinvigorates its channel offerings.

Melbourne IT plans increase its SMB managed marketing play with a $39 million acquisition of digital marketing solutions company WME Group.

Colin Henderson has been promoted to the top job at Hewlett Packard Enterprise New Zealand, following the departure of Keith Watson.

BitTitan says its new expanded version of the MSPComplete platform empowers partners to increase revenue and reduce service delivery costs.

Cirrus has acquired Melbourne’s NGage Technology Group for $2.5 million expanding the Perth-based IT solutions provider’s footprint into Victoria.

An increased focus on growing services is paying off for Data#3, which has recorded solid growth for the latest half year.

JB Hi-Fi has reported record sales and earnings results for the first half of 2015, clocking a 23.6% increase in revenue which hit $2.6 billion.

Strength in its IoT, data centre and security offerings helped drive Intel revenues for 2016 up, but weren’t enough to prevent declining net income.

Microsoft’s cloud push has seen the company post strong results for Q2 2017, with Office 365 and intelligent cloud leading the charge.

JB Hi-Fi NZ has seen its final profit for last financial year almost halved, despite an 11% rise in revenue and a jump of nearly 13% in gross profit.

While news on the future of Avaya has triggered speculation on the direction of the company, Avaya Australia & NZ assures it is business as usual.

As a result, Transparency Market Research explains the market will witness a large number of mergers and acquisitions.

Fitbit's growth has slowed, with shares plummeting 31% after lowering its guidance for Q4 revenue growth to just 2-5%.

JB Hi-Fi's sales continue to climb as it heads into the Christmas period with new products, technologies and stores on the cards.

Juniper Networks' local operations have returned to profit, with the company's financials also noting a possible change ahead.