Financial results stories - Page 18

Microsoft reports impressive Q2 results with revenue of $30.1bn, up 17%, and operating income of $10.4bn, up 35%.

The company will re-align its business under three distinct segments and undergo significant restructuring operations.

Oracle's FY18 revenue grew 6% to USD $39.8 billion, driven by robust cloud service and license support revenues, which rose 10% to USD $26.3 billion.

Nutanix reports 41% YoY revenue growth in Q3 2018, reaching $289.4m, supported by a shift toward increasing software revenue.

SaaS platform contract revenue has grown 51% and revenue from cloud offerings by 217%, leading to a total of $120m in revenue over this half-year.

NBN reports a 112% revenue increase for Q3, hitting AUD $1.4 billion, thanks to service initiatives, with active connections up by 1.7 million year-over-year.

Xero improved operating and investing cash flow margins from 71% to 9% over three years and grew revenue at a CAGR of 49% over the same period.

In Google Australia has posted $1.02b in revenue. However, in their report, they note that it could have been $3b if not for creative accounting.

The tech giant turns 50 in June and so its booming revenues following heavy investment in data centres could be seen as a timely birthday present.

The CFO of tomorrow could require a whole new set of skills, including IT, big data, risk management, and facilitation, says SAP Concur's ANZ MD Matthew Goss.

Veeam posts a record 39th consecutive quarter of bookings growth, bringing it closer to its goal of becoming a USD $1 billion company by end of 2018.

The company says it regrets that the business changes they have made impacted Teagues position, who left at the end of March.

Fonterra CEO, Theo Spierings, is set to step down later this year, but will continue in an advisory role focusing on China.

Nutanix reports a 44% revenue growth in Q2 2018, reaching USD $286.7 million, and acquires Minjar to bolster its multi-cloud management capabilities.

Lenovo's Australia and New Zealand subsidiary reported a stunning AUD $4 million rise in profits and an 8.7% surge in revenue, aided by major cost cuts.

MYOB reports a 60% increase in online subscribers, fuelled by new SME wins and high migration rates, leading to significant financial growth in 2017.

Hills attributes the fall in revenue to the exiting of the unprofitable NBN satellite installation business and a shortfall in antenna sales.

Cisco has announced a successful quarter which, their CEO claims, reflects the success of their new global strategy.

Telstra reports increased subscriber numbers and progress on strategic investment program in its half-year results for 2018.

Empired's revenue grew marginally by 2% to AUD $85 million despite a sharp 13% decline in New Zealand due to election-related market disruption.