Articles about Revenue

Arista fends off Cisco attack, reports growth

Arista may be fighting Cisco's legal fires in the USA, but it's still managed to post increasing revenue and profit. The company reported its Q3 2016 on Thursday, with the highlights being an 8 per cent year-on-year uptick in revenue to US$290.3 million; GAPP profit up year-on-year from $28.7 million to $51.3 million; and non- …
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SAP UK and Ireland shuffles management cards

The ever-exciting SAP, Europe’s largest software maker, has kicked off 2016 with a management reshuffle. The firm’s UK and Ireland group has hired or moved nine executives around the corporate org chart in the cloud, data, analytics, database and sales business areas. The changes were announced by SAP UKI managing director …
Gavin Clarke, 19 Jan 2016

Barracuda Networks: I see revenues rise, but cloud's a blight...

Barracuda's revenue streams are up slightly, both annually and sequentially, and the storage and cloud-connected security company's net loss also shrank sequentially as William "BJ" Jenkins's team got to grips with the business. Revenues for its 2015 third quarter were $80.1m, 13.8 per cent more than the year-ago $70.4m, and …
Chris Mellor, 8 Jan 2016
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Last orders cost Quantum dear as it limps to $11.2m loss

Storage company Quantum has confirmed its early October revenue warning, with second fiscal 2016 quarter revenues of $117m, and not the hoped-for $125m. There was a loss of $11.2m in the quarter, which compares with a loss of $10.8m in the previous quarter, and indeed a profit of $1.2m in the year-ago quarter. It attributed a …
Chris Mellor, 30 Oct 2015
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Alibaba’s bet on the fluffy white stuff paying off, revenue up 138%

Alibaba's cloud ambitions and investments began to pay off during the Chinese tat purveyor's third quarter, with revenue attributed to the fluffy white stuff up 138 per cent, to $102m (£67m). However, that was still a mere drop in the ocean, compared with its consumer sales. Overall sales increased 32 per cent to $3.5bn (£2. …
Kat Hall, 27 Oct 2015
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Bucks bringer-inner Box beats street, brings home bacon, makes loss

Cloud storage provider Box easily beat its estimated revenue target for its second quarter, with double-digit growth over the year, and lifted its estimated full-year revenue number. Losses also deepened however, but at a lower annual rate of 33.6 per cent, and shares rose 2.66 per cent to $14.27 as investors patted CEO Aaron …
Chris Mellor, 10 Sep 2015
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Nimble Storage revenues soar as mainstream rivals experience droop

Nimble Storage had another successful quarter in terms of revenue, beating its own estimates: the figure of $80.1m in its second fiscal 2016 quarter was 49 per cent higher than a year ago, and 12 per cent more than the previous quarter. Nimble_revs_to_Q2_fy2016 Nimble generated losses of $30.1m, 15 per cent worse than the $ …
Chris Mellor, 26 Aug 2015
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VMware sprawls across the data centre to post 'solid' Q2 results

VMware has posted what CEO Pat Gelsinger described as “solid” second quarter results that exceeded analysts expectations on earnings-per-share and fell over the line on the revenue growth front. The former metric was 93 cents a share, two cents higher than expected. The latter was $1.6bn, a four per cent improvement that …
Simon Sharwood, 22 Jul 2015
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Outsourcery has ‘greater flexibility to pursue opportunities’ after £4m Voda loan

Loss-making cloud biz Outsourcery has managed to tap up Vodafone for a £4m loan under a partnership deal. After yet another successful effort of going cap in hand to investors, the still unprofitable outfit said £2.3m of the loan will be used for "general working capital purposes". The rest of the cash will replace its …
Kat Hall, 3 Jul 2015
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Crossroads Systems takes wrong turn. Is it running out of cash?

Comment It isn’t pretty watching this. Poor beleaguered archival product vendor Crossroads Systems reported even worse results for its second quarter than its dire first quarter, as well as a diminishing cash balance. Crossroads_Q2cy2015 Crossroads Systems quarterly revenue and net income. Moving average trendlines added. …
Chris Mellor, 12 Jun 2015
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HP storage revenues declining as the dithering continues

Comment HP storage revenues went backwards in its second fiscal 2015 quarter. The revenue from newer converged storage systems (3PAR, StoreOnce, StoreAll, etc) rose 5.3 per cent over the year to $356m (from $338m), but traditional storage revenues (EVA, MSA, tape) slumped 18.3 per cent to $384m (from $470 million). Overall storage …
Chris Mellor, 22 May 2015

Arista revenue rises to US$179 million in March quarter

Arista Networks has reported continuing growth, taking its revenue to US$179 million, but at the cost of a slimming of its margins to 65.8 per cent (down from 69.4 per cent a year ago). The revenue growth was strong at nearly 53 per cent higher than a year ago, but it slowed at the end of the period and was only 3.2 per cent …
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Spotify springs bloody leak as losses grow to $197m – report

Spotify's net losses jumped significantly in 2014 to $197m from $68m a year earlier, it has been reported. The Stockholm, Sweden-based music streaming service blamed hole in finances on international expansion, recruiting more staff and product development. According to the New York Times, which cited documents filed in …
Kelly Fiveash, 9 May 2015
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Revenue jumps, but FalconStor still wobbly on its feet

The sickly software-defined storage child that was FalconStor is not yet a strapping adolescent, but is at least on the way back to full health. First quarter 2015 revenues were a startlingly high $19.9 million, coming from a quarterly revenue band of $12-$15 million over the previous eight quarters. The year-ago quarter’s …
Chris Mellor, 24 Apr 2015
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Notebooks drag PC sales out the toilet, fondleslabs still falling

The PC market bounced back in the first quarter of 2015, mainly thanks to a big uplift in notebook sales. According to research from tech distribution sales data compiled by Context, the market rose by seven per cent on the year. Notebook sales were up 26 per cent to 644,304, while desktop sales remained flat at 237,700, and …
Kat Hall, 1 Apr 2015
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Huawei bellows big revenue jump thanks to brisk 2014 phone sales

Huawei – which was backed by Britain last week despite repeated claims that the Chinese company's network kit could endanger national security – saw a 33 per cent leap in net profit for 2014. The privately held, employee-owned telecoms giant reported its full-year results this morning, when the firm's rotating CEO Ken Hu …
Kelly Fiveash, 31 Mar 2015

Europe drags, as Accenture posts steady growth

Outsourcing giant Accenture posted a yearly sales increase of five per cent to $7.5bn (£5bn) for its second quarter results, highlighting its "digital" investments as a reason for the consistent growth. However, its European revenue dropped by two per cent to $2.66bn (£1.8bn). The company singled out France, Germany, Spain and …
Kat Hall, 27 Mar 2015
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Fujitsu slapped down in Land of the FALLING YEN

Revenue dropped 2.4 per cent at Japanese IT giant Fujitsu to ¥1,171.5bn (£6.6bn, $9.9bn) in the firm's third-quarter results, when compared with the same period last year, although a fall in the yen propped up non-domestic revenue levels. Sales in Japan took the biggest hit, falling 8.6 per cent due to a decline in shipments …
Kat Hall, 30 Jan 2015

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