eCommerceNews Australia - Technology news for digital commerce decision-makers

Financial results stories

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GE Vernova lifts guidance as orders & profit surge

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GE Vernova reports stronger first-quarter orders, profit and cash generation, with Power and Electrification driving a bigger backlog and improved outlook.
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ServiceNow & Google Cloud widen AI agent partnership

Today
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ServiceNow and Google Cloud deepen AI tie-up as quarterly subscription revenue rises 19% and guidance is lifted after strong contract wins.
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Tech Mahindra posts higher FY26 revenue & record dividend

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Tech Mahindra lifts FY26 revenue and EBIT, while record dividend, strong deal wins and 10th straight quarter of margin expansion signal turnaround gains.
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Cerillion lifts orders on GBP £42.5 million Omantel deal

Yesterday
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Cerillion's first-half trading was boosted by a GBP £42.5 million Omantel deal, sending new orders higher and setting up a stronger second half.
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VAST Data hits $30bn valuation after $1bn Series F round

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VAST Data's latest funding round highlights booming demand for AI infrastructure, with backers betting on its data platform and global expansion plans.
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Pinewood lifts revenue as US dealership testing starts

2 days ago
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Pinewood boosts annual revenue and EBITDA as testing begins at Lithia's US dealerships, with cash rising and medium-term growth targets intact.
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Forrester warns AI marketing spend lacks business impact

2 days ago
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Forrester says most firms cannot show AI marketing spend is lifting revenue or profit, as buyers rely on generative search and AI agents.
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DroneShield quarterly revenue jumps 121% to AUD $74.1m

2 days ago
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DroneShield posts record customer cash receipts and a fourth straight positive cashflow quarter as SaaS revenue and contracted sales swell.
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Five ways to maximise benefits of mobile-first systems

Last week
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Tabit chief executive Barry Shaked outlines five checks for Australian hospitality operators choosing mobile-first systems to cut labour pressure and lift sales.
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Snom reports growth in key markets & product range

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Snom sees renewed momentum in Iberia and Asia-Pacific as it broadens its product line-up, deepens partner ties and steadies trading elsewhere.
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Sidetrade launches AI-native plan with three new products

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Sidetrade sets out a four-year push into AI-driven order-to-cash, with three new products due in 2026 and a shift towards usage-linked revenue.
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Australian retailers use AI to boost profits, report finds

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Australian online retailers are splitting into AI winners and laggards, as Ecommerce Equation says focused uses are lifting conversion, forecasting and margins.
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AI prompts clients to question expert fees, report finds

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One in three firms say clients now think AI can do expert work in-house, raising pricing pressure for agencies and consultancies.
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Building approvals jump 29.7% on apartment rebound

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Australian residential building approvals surged in February, driven by a volatile apartment rebound, but higher rates and energy costs threaten builders.
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Geotab report shows fleets cut fuel waste with data

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Geotab report shows fleets cut fuel waste by 30% as telematics help businesses slash idling, emissions and costs across global operations.
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Milestone lifts revenue 10% as AI push gathers pace

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Milestone Systems lifts 2025 revenue 10% to USD $340 million as research spending rises and Project Hafnia and NVIDIA tie-up deepen AI ambitions.
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Xero signs Claude deal for small business finance tools

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Xero to embed Anthropic's Claude across accounting tools as JAX gains automation for cash flow, invoices and scenario analysis.
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Milestone revenue rises to DKK 2.2bn on AI expansion

Last month
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Milestone lifts 2025 revenue 10% to DKK 2.2bn as AI-led acquisitions, Nvidia tie-up and higher R&D spend drive intelligent video push.
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Cegal posts USD $184.4 million revenue on AI demand

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Cegal lifts revenue and backlog as energy clients step up spending on cloud and data projects to prepare for wider artificial intelligence use.
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Revolut posts record results as Australia turns domestic

Last month
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Revolut posts record 2025 results as Australian users shift from travel spending to everyday banking, driving surging local profits.