Financial results stories - Page 20

Tech Data has recorded a solid increase in net sales on the back of its Technology Solutions acquisition, but weaker than expected profits for Q2.

From $1.8 million profit in 2016 to $23 million profit in 2017, NEXTDC is naming it as the most significant year in its history.

The cybersecurity vendor posting 15 percent year-over-year bookings growth for its fiscal year ending June 2017 as well as sealing a number of awards.

Hills expects to return to profitability in the next financial year, and will take full control of its supply chain from early next year.

Dicker Data has posted solid revenue growth of 7.1% for the first six months of 2017, as it looks to SaaS and IaaS and specialisation to drive growth.

Data#3 has joined the $1 billion club, clocking up revenue of $1.1 billion for the year ended 30 June – and posting a record profit to boot.

Demand is moving from private cloud to public cloud, with Rhipe reaping the benefits in its latest financials.

​On the back of skyrocketing growth, Cylance has announced the appointment Brian Robins as chief financial officer (CFO).

JB HiFi says it is finalising a two year strategy to improve its performance in the NZ market following 'disappointing' financial performance here.

The company posted a rise in revenue to $3.67 billion, up 8.9% from the year-ago quarter and 3.5% sequentially.

While the company has experienced great success in Japan, elsewhere its revenue and profits appear to be declining.

The company has plenty to be satisfied about, with its President and CEO reporting it as a successful expansion.

Data center solutions provider QTS Realty Trust has reported a decrease in net income for Q2 2017, but an increase in operating FFO and total revenues.

Gil Shrewd says the company is rapt with the second quarter results, reporting the revenue growth to be healthy.

As of June 30 2017, liquid assets including cash and cash equivalents and investments are $6,091 million, compared $5.979 million on March 31 2017.

The company hopes to transition from perpetual licences to subscription licences with the aim of creating a strong longer term annuity business.

Alibaba Group has released its financial results for the quarter ended March 31 2017 and the fiscal year then ended, showing extraordinary growth.

Tata Communications reported S$268.3 million in its latest financial results. A large part of that growth has come from its data business.

​Fujitsu has announced profit for the year of 2016, coming in at a whopping 88.4 billion yen, representing growth of 1.7 billion yen from fiscal 2015.

Strong growth in Office 365 and Azure has helped Microsoft to an 8% growth in revenue for the latest quarter, and offset declines seen elsewhere.