Displaying items by tag: Revenue

Residential infrastructure, Internet Service Provider and mobile virtual network operator Swoop has announced a 14 percent increase in revenue year-on-year to $88.9 million and an underlying EBITDA of $16.4 million - up 6.4 percent year-on-year within its core-business.

COMPANY NEWS:   

Nadav Zafrir, renowned Cyber Security leader, will assume CEO role December 2024

Gil Shwed, Founder & CEO, will transition to Executive Chairman

Apple has reported revenue of US$90.8 billion (A$137.34 billion) for its fiscal 2024 second quarter which ended on 30 March, down 4% year-on-year.

Australian artificial intelligence start-up Intellisoftware has unveiled a new wide-ranging strategic partnership with the Australian Revenue Management Association (ARMA) - a peak industry body active in the hospitality and tourism sectors focused on “elevating the standards of revenue and yield management and driving continuous growth in professional skills, knowledge and innovation”.

Australia’s smart home tech market is set to crack $2.5 billion in revenue, driven by demand for energy efficiency, security, price increases, and the anticipation of the smart home concept greatly benefitting from the technological advancements in generative AI, according to technology analyst firm Telsyte.

The total telecom and pay-TV services revenue in New Zealand is poised to register a marginal compound annual growth rate (CAGR) of 0.7% between 2023 and 2028, with continued decline in mobile voice service revenue denting the overall growth prospects - despite considerable revenue growth in mobile data and fixed broadband segments, according to one data and analystics company..

Omnichannel customer engagement platform SAP Emarsys has appointed Silvana Tagand as its new regional vice president of revenue for the Asia Pacific and Japan region. Tagand succeeds Kristyn Wallace and will lead the sales, customer success, and partnership teams across the region to drive growth and innovation and ensure client success.

COMPANY NEWS:  

- ExtraHop approaches US $200M in Annual Recurring Revenue (ARR) driven by new customer wins, innovation, and strategic partnerships

- Adds cybersecurity veterans to executive team to support continued growth

Software platform for managing shift workers, Deputy has announced the appointment of former Zendesk and VMware revenue leader Jaimie Buss as Chief Revenue Officer (CRO).

Australian-listed technology company Spacetalk has reported results for the year ended 30 June 2023, reporting revenue (ARR) growth of 33% to $8.3m compared to the prior year, which it says was supported by strong Mobile Virtual Network Operator (MVNO) subscriber growth since launch in November 2022.

Online retailer Kogan's gross sales and revenue took a dip from $1.8 billion and $718.5 million in FY22 to $844.4 million and $489.5 million, recording a drop of 28.4% and 31.9% respectively, as a result of soft trading conditions brought on by cost-of-living pressures and interest rate rises throughout the year.

Team collaboration and productivity software provider Atlassian has released financial results for its fourth quarter and fiscal year ended June 30, showing revenue of US$939 million for the quarter.

Iconic Hotels by Geocon has adopted hotel revenue management software and services provider IDeaS’ G3 revenue management system across five of its Australian-based properties to automate daily pricing tasks and drive average daily rate performance.

Leader in billing and revenue lifecycle management recognised with positive outlook rating based on criteria in five core categories

Managed Service Providers in Australia expect 28% revenue growth in 2023 despite pressures of global economy and competition, according to a new market research report.

National broadband wholesaler and network owner NBN Co claimed that its financial and operational performance in the nine months to 31 March 2023 is on track to achieve its full year guidance as outlined in its corporate plan 2023.

Global technology company HCL Tech has reported full year revenue of US$12.6 billion, up 9.6% YoY on the back of a “strong deal pipeline” and a "stellar year" of growth.across its portfolio of digital, cloud, engineering and software.

Public cloud adoption is set to surge in the ANZ region and by 2026 will generate billions of dollars in new revenue for organisations within the cloud technology ecosystem in Australia and New Zealand, according to a newly published whitepaper.

Telecommunications equipment provider Huawei generated ¥35.6 billion (US$5.18 billion) in net profits for 2022 representing a 69% year-in-year decline—the biggest annual decline yet as the US slapped sanctions on its business and tough pandemic regulations in China affected its operations, according to a CNBC report.

Ninenty-eight percent (98%) of senior IT leaders have been impacted by increasing cloud complexity in some capacity, potentially leading to poor IT performance, loss in revenue and barriers to business growth, according to a new report.