Financial results stories - Page 22

Infinidat saw a 213% surge in Q1 2016 sales, driven by increased shipments and significant contributions from channel partners, with 204 global resellers.

Surging demand for security drives CyberArk's Q1 revenue to USD $46.9 million, up 43%, with strong growth in both licence and service revenues.

Ruckus Wireless reports $100.6m revenue for Q1 2016, up 22.5% YoY, as it continues to grow and achieve success.

NetSuite's Q1 2016 revenue grows by 31%, reaching $216.6m, due to its innovative approach to business software.

IBM experiences drop in revenue for Q1 2016, but sees significant increase in cloud revenue. Strategic imperatives revenue up 14%.

Infor Q3 results show successful transition to cloud business model, with software licences and subscriptions up 27%.

Cognitive computing will drive digital transformation, with spending expected to reach $31.3bn in 2019, according to IDC.

Palo Alto Networks has reported significant revenue growth in Q2 2016, thanks to the success of its subscription services.

RXP Services saw a 53% increase in revenue in 2H 2015, reaching $55.8m, compared to the previous year's revenue of $36.4m.

FireEye's Q4 2015 revenue rose 29% to $184.8m, with positive cash flow for the year of $37m, as the company grows towards profitability.

CMOs in Australia and New Zealand are swiftly becoming tech decision-makers, usurping traditional IT roles, reveals new research.

Digital disrupters are outperforming traditional companies in terms of revenue and profit growth, according to a study by CA Technologies.

Qualcomm plans to cut approximately $1.4 billion in spending to 'aggressively right-size cost structure', cut staff, and split its business into two.

The overall profit for the year minus expenses and costs came in at $1,714,806, a sizeable increase from $1,062,732.

The video conferencing equipment market experienced a decrease in revenue in 1Q15 but is expected to grow as video remains a high priority.

Empired has upgraded its revenue expectations for 2015 and 2016 on the back of contract success and rapid expansion across Australia and New Zealand.

Red Hat's financial results for the quarter ended May 31 reveals strong revenue growth driven by demand for the vendor's hybrid cloud technologies.

AudioCodes has announced its revenues for the second quarter of 2015 are anticipated to be lower than previously estimated.

Rakon returns to profit with a USD $3.2 million net gain after closing its UK plant and shifting production to India and NZ, despite doubling its debt.

N. Robert Hammer says Commvault achieved record full year revenue and operating cash flows in 2015 despite significant foreign exchange headwinds.