Financial results Stories - Page 33

Kiwi Stories

Financial results stories

Spark New Zealand reveals financial results, delivers strong revenue growth

Spark New Zealand reports its strongest revenue growth in three years, with 4% increase to NZD $1,824 million, driven by mobile, cloud, and digital services.

By Shannon Williams • 4 min read • Wed, 19th Feb 2020

Apple

Apple NZ profit drops 22%; revenue drops 8.6%

Apple has released its New Zealand annual financial statements to the year ended 28 September 2019, with a 22% dip in profit year-over-year.

By Sara Barker • 3 min read • Tue, 4th Feb 2020

Human Capital Management

Your culture will make or break your business

Culture failures are now visible to customers and investors, and data show they can hit productivity, retention and profits.

By Michael Curreen • 4 min read • Tue, 3rd Sep 2019

Kiwibank

Kiwibank reestablishes commitment to local market, despite drop in profit

Kiwibank announces growth in customer lending and deposits, but a decrease in net profit after tax for FY2019.

By Catherine Knowles • 5 min read • Mon, 26th Aug 2019

Customer Experience

KiwiRail back on track

Reopening of the Main North Line helped lift KiwiRail's half-year revenue 12% to GBP £328.8 million and surplus to GBP £16.3 million.

By Staff Writer • 4 min read • Fri, 22nd Feb 2019

Global Stories

Financial results stories

Unified Communications

Vocus showing growth in ANZ markets

Both the parent in Australia and the NZ wing of the telco are showing solid revenue in the previous financial half-year.

By Ben Moore • 3 min read • Thu, 20th Feb 2020

Unified Communications

RingCentral reveals strong financial results for Q4

RingCentral reports a robust Q4 with total revenue surging 34% to USD $253 million, as mid-market and enterprise efforts fuel significant growth.

By Nick Forrester • 3 min read • Tue, 11th Feb 2020

Harvey Norman

Harvey Norman NZ financial results exposed

Harvey Norman New Zealand's annual report reveals a 35% revenue surge to NZD $88 million, but expenses soar with a 1300% rise in 'other expenses'.

By Nick Forrester • 2 min read • Tue, 4th Feb 2020

Unified Communications

Cisco Australia reports $16m loss

Cisco Systems Australia's latest annual report has indicated a $16,118,000 loss for the period ended 27 July 2019.

By Sara Barker • 2 min read • Mon, 3rd Feb 2020

Artificial Intelligence

AI revolutionising insurance and finance services in New Zealand

AI is transforming New Zealand's finance and insurance sectors by enhancing customer-centric services and operational efficiency, says the AI Forum report.

By Catherine Knowles • 3 min read • Tue, 3rd Dec 2019

Gaming

Challenges in video gaming market grow as revenues increase

As video gaming revenues nearly double over five years, companies brace for heightened competition and rising costs, reveals new EY study.

By Catherine Knowles • 4 min read • Tue, 19th Nov 2019

Fintech

Xero reports $1.3mil net profit, passes 2 million global subscribers

While it took more than a decade to add Xero's first million subscribers, it took two and a half years to add the next million.

By Kai Ping Lew • 4 min read • Thu, 14th Nov 2019

Software-as-a-Service

Apptio launches new Insights and Action Plans solution

Apptio unveils 'Insights and Action Plans,' a solution offering automated notifications for cost optimisation and risk reduction, based on machine learning.

By Catherine Knowles • 3 min read • Tue, 12th Nov 2019

Unified Communications

Spark lifts earnings on the back of mobile, wireless, cloud services

The telco's continued improved performance was founded on a clear strategy with strong execution and greater customer focus.

By Shannon Williams • 5 min read • Wed, 21st Aug 2019

Lenovo

Lenovo hits $12.5B in revenue, marking eighth year of growth

Lenovo posts revenue of USD $12.5B for the first quarter of 2019, the eighth consecutive year of growth, driven by its intelligent transformation strategy.

By Catherine Knowles • 3 min read • Wed, 21st Aug 2019

Fintech

Online lending marketplace Harmoney records first profit of $7.2m

Harmoney, an online lending marketplace from New Zealand, has recorded its first profit of NZD $7.2 million, marking a pivotal moment in its four-year history.

By Staff Writer • 3 min read • Tue, 6th Aug 2019

Hyperscale

Google Cloud drives Alphabet's soaring revenue

Alphabet's latest financial results show a 19% increase in revenue, reaching almost $39 billion, driven by Google Cloud's continual growth.

By Staff Writer • 2 min read • Wed, 31st Jul 2019

Enterprise Resource Planning

Why data is the key to Finance/HR collaboration

Unified data systems enable close collaboration between Finance and HR, driving efficiency and profitability. Here's how companies can leverage this synergy.

By Stephen Jack • 3 min read • Fri, 19th Jul 2019