Financial results stories - Page 5

Fortinet's Q2 revenue rose 14% to USD $1.63bn, prompting a USD $100m boost to its full-year billings forecast on strong growth in SASE and security services.

Westcon's FY2025 revenue rose to NZD $818.7m, but net profit fell 24% to NZD $4.8m amid higher costs and lower software sales.

Schneider Electric IT Australia's New Zealand branch posted a 37.7% revenue rise to NZ$21.73m in 2024, driven by maintenance and equipment sales growth.

Panasonic New Zealand reports a net loss of NZD $4.57 million for 2025, hit by a 25% revenue drop and rising costs, reversing last year’s profit of NZD $1.67 million.

INSHUR raises USD $35m from Trinity Capital to boost US expansion and develop AI-driven insurance for autonomous vehicle and on-demand mobility markets.

TCS reported USD $7,421m revenue in Q1 FY26, highlighting gains in AI and cybersecurity despite a slight year-on-year revenue decline.

Roofbuddy has transformed roofing trades with tech, completing 3,594 orders worth NZD $78.7 million, speeding quotes from 24 days to 24 hours.

Datadog joins the S&P 500 after reporting USD $2.8 billion revenue, marking a 26% rise as cloud and AI markets expand globally.

Ingram Micro New Zealand’s net profit fell 39% to NZ$9.1m in 2024, hurt by softer revenue and tighter margins amid a competitive IT hardware market.

Datacom Group reported steady NZD $1.48 billion revenue for FY25, focusing on AI-driven growth amid challenges in New Zealand and strong Australian contracts.

LG Electronics' NZ business posted a 29.4% rise in profit before tax to $38.5 million in 2024, despite rising operational costs and higher expenses.

CrowdStrike's Q1 revenue rose 20% to USD $1.10bn with ARR growing 22% to USD $4.44bn, reflecting strong subscription and cash flow performance.

SYSPRO appoints Mathias Høyer as CFO to lead global finance during growth, leveraging his extensive experience in tech-focused financial strategy and transformation.

Xero posts NZD $2.1bn revenue in FY25, up 23%, with net profit rising 30% and subscriber base growing 6% to 4.41 million users globally.

monday.com reports Q1 fiscal 2025 revenue of $282.3m, a 30% rise, with record profits and cash flow boosting confidence in growth prospects.

Cisco posts Q3 revenue of USD $14.1 billion, up 11%, with net income surging 32% to USD $2.5 billion amid strong AI and security demand.

Fortinet reported Q1 2025 revenue of USD $1.54bn, up 14%, with strong growth in product and service revenue and a record operating margin.

Microsoft's Q3 revenue rose 13% to USD $70.1bn, driven by cloud and AI demand, with net income up 18% to USD $25.8bn for the quarter ending March 2025.

Comms Group achieved record March 2025 revenue of $5.0 million, driven by global expansion and major new contract wins across diverse sectors.

D2L has reported a strong performance for Fiscal 2025, with Q4 revenue rising to USD $53.3 million and full-year revenue up 13% to USD $205.3 million.