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Articles about Second Half

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Sprint offers $2.2bn to acquire second half of Clearwire

Sprint, which already owns 51.7 per cent of wireless broadband service provider Clearwire, has announced a deal to acquire the remaining (nearly) half in a deal that would pay $2.97 per share to that company's minority shareholders – a deal that is in no way a slam dunk. "Today we are announcing that the boards of directors of …
Rik Myslewski, 17 Dec 2012

Salesforce and Microsoft to unleash integrations ... next year

SaaS superpower Salesforce has revealed the details of its cloudy collaboration with Microsoft, and the main detail is that the fruits of the relationship won't be delivered until deep into 2015. Redmond's corporate veep for Windows marketing Tony Prophe appeared alongside Salesforce supremo Marc Benioff at the latter company's …
Simon Sharwood, 13 Oct 2014

Sales down at UK's oldest tech distie: Northamber losses widen in fiscal '14

The prognosis for Northamber’s future is brighter, according to its colourful chairman, despite widening losses and revenues remaining in free fall for fiscal ’14 ended June. The AIM-listed tech distie - the oldest in Blighty - reported prelim sales of £62.8m, down a whopping 19 per cent year-on-year, and a loss from operations …
Paul Kunert, 30 Oct 2014
Nutanix cloud appliance

Compute+storage upstart Nutanix reveals $200m-plus run rate

Nutanix, the converged compute+storage box-shifter is shifting more boxes and says it has reached a $200m annual revenue run rate 11 quarters after starting shipments. Its VCP (Virtual Computing Platform) has been bought by 800 customers in 43 counties – the country total was 30 in January. The firm adds that more than 16 …
Chris Mellor, 06 Aug 2014
arrow pointing up

Can't flog software for love nor money? UK mega-reseller Softcat probably ate your lunch

Unstoppable reseller juggernaut Softcat has smashed through the £500m sales barrier in the most recent fiscal year ended July, meaning it has grown for the past 36 straight quarters. In the last four years alone, and in the middle of the worst financial crisis since the the 70s, turnover at the Marlow-based business jumped from …
Paul Kunert, 26 Nov 2014

SanDisk revived by Apple juice after first half bloodbath

SanDisk is continuing its climb back to health after the first half horror show, with revenues and profits both recovering well. The numbers: revenues for the final 2012 quarter were $1.54bn, just 2.3 per cent down on the last 2011 quarter but a satisfying 21 per cent up on the third 2012 quarter - cue big sighs of relief. …
Chris Mellor, 28 Jan 2013

Intel Skylake processor release date slipping: reports

Reports in Asia are suggesting that Intel's Skylake processors may be delayed, in spite of Chipzilla's September promise it would ship on time. At IDF 2014, Intel CEO Brian Krzanich said Skylake would land in devs' hands early 2015 ahead of shipping “by the second half of the year”. If you take that to mean early in the third …
Photo of boxes of Microsoft Office for Mac

Microsoft jolts awake, remembers it still makes Office for Mac

Microsoft has finally put a date on what will be its first new version of Office for OS X since 2010. The software giant said that the second half of 2015 will bring the release of the first new version of Office for Mac in more than four years. That edition will bless Mac users with new versions of Word, Excel, PowerPoint and …
Shaun Nichols, 01 Nov 2014
Woman looks immensely happy while staring into blank screen of unplugged monitor

Veeam's vigorous voyage vindicates virty servers' backup virtues

Ve have vays of making vast sums of loot! That's virtual server backup and data protection upstart Veeam for you, reporting 30 per cent revenue growth in the first half of 2014, and a customer count passing 111,500. The firm said the second quarter of fiscal year 2014 was the 26th one in a row with double-digit growth on a year- …
Chris Mellor, 31 Jul 2014
Files

Twitter: Hey. Remember us? Hello, yes. Govts want to spy on us too!

Twitter has seen government requests for user information climb nearly 50 per cent over the last six months. The company said in its semi-annual transparency report that over the first half of 2014, governments from 54 countries made requests for account information. Eight of those countries were requesting data for the first …
Shaun Nichols, 01 Aug 2014
Quanta QCT server racks

A second opinion on sucky second quarter server sales

Global server sales remained in the doldrums during the year's second quarter, says new data from Gartner whose bean counters have found revenues off 2.9 per cent to $12.86bn against a slight 1.4 per cent shipment rise to 2.37 million boxes shipped out to customers between April and June. The x86 server continues to dominate in …
Micron RealSSD

Chipper chipmaker Micron shows off boosted bottom line – gee, thanks, Elpida

Memory chipmaker Micron Technology – still riding high on the announcement that its on-package memory will bolster Intel's "Knights Landing" processor – has announced what appear to be cheery results today. Its fiscal 2014 quarter revenues were $3.98bn, 3 per cent lower than the second quarter of fiscal 2014 but a whopping 72 …
Chris Mellor, 24 Jun 2014
Troll in cross hairs

Trolls and victims watch Supremes for definition of meaningless patents

A patent dispute over a fitness technology running in the US Supreme Court will decide just how vague a patent has to be before it becomes meaningless. The long-running lawsuit (it was first filed in 2004) is between iron-pumping-powerhouse Nautilus and bio-monitoring specialist Biosig. Biosig's original complaint was that …

Kaboom: Delayed patent bomb hits SAP in the Q2 profit

Sales of new software for SAP saw a minor improvement this spring while cloud grew so fast the giant has upped its estimated figures for the year. But for all the positives, a patent bomb took a hefty chunk out of SAP’s profits in the second quarter. SAP reported a three per cent increase in total revenue for the period to 30 …
Gavin Clarke, 17 Jul 2014

The optic NERVE of it: Intel declares WAR on InfiniBand

It's no surprise when Intel announces a new processor architecture – that's its main game, after all. However, along with the Knight's Bridge chips released at SC'14, the company seems to have declared war on the HPC mainstream, announcing an optical comms architecture designed to compete with InfiniBand. The Omni-Path …
Swallow

Struggling tape bods Quantum a few quids in after good quarter

One swallow doesn’t make a summer but two certainly does indicate warmer weather is on the way. So too for Quantum, which has just made a profit – the first one after four quarters of losses. Quantum, that perennially struggling tape, disk and file management vendor, has just reported a positive second fiscal 2015 quarter ending …
Chris Mellor, 30 Oct 2014
Violin array flash cards

Don't fret: Flash array fiddler Violin sees revenue rise, losses dip

Violin has recorded rising revenues and lessening losses for its third quarter as the new CEO gets the flash array company barking louder in the data centre flash array dogfight. Violin_Q3fy2015_800 Kevin DeNuccio took hold of the CEO reins at Violin in February and the company has just reported results for its third fiscal …
Chris Mellor, 25 Nov 2014
Photo of a stack of $100 bills

Hey, what's inside those Imation Nexsan arrays? Whoa, bundles of cash?

The pace of revenue decline at storage biz Imation is lessening – but the loss-making continues: its second quarter results show storage media revenue falls outweighing storage array and security product revenue rises. Net revenue for the quarter, ending June 30, was $178.6m, down 15.6 per cent from a year ago but flat compared …
Chris Mellor, 01 Aug 2014

You can put away the microscope – you can see Acer's profit from HERE (for a change)

Red ink was again conspicuously absent from Taiwanese device slinger Acer’s second quarter numbers, despite continued sale slippage. The biz turned in a net profit of NT$486m (£9.6m, $16.1m) for the calendar quarter versus a net loss of NT$343m (£6.77m, $11.3m) a year ago when it had stumped up for rising DRAM prices and …
Paul Kunert, 08 Aug 2014
hands waving dollar bills in the air

RM investors spared a second heart attack in latest numbers

Beleaguered education IT supplier RM had no surprises in its fiscal Q1 trading update, bearing in mind that its sales tend to stroll in during the second half of the year. The firm has carved up non-core parts of the operation and flogged or closed them, launched a redundancy programme and got rid of two chief execs since a …
Paul Kunert, 26 Mar 2012

Phoenix IT Group CEO: Turnarounds don't happen overnight

The turnaround at Phoenix IT Group initiated by CEO Steve Vaughan was never going to happen overnight and the latest set of declining half-year numbers for the period ended September are testament to that point. The LSE-listed tech services biz this morning reported revenues of £107.4m, down 8.1 per cent on the corresponding six …
Paul Kunert, 25 Nov 2014
Violin_to Q2_Fy2015

All-flash array shipper Violin plays concerto after re-stringing

Violin CEO Kevin DeNuccio has cut the flash array shipper's losses to a fraction of what they were in their previous results, and grown revenue over the previous quarter. It’s still lower than a year ago, but a landmark for all that. Violin is no longer on the road to perdition. Growth should also accelerate as the new products …
Chris Mellor, 28 Aug 2014

Serco issues shares to plug finance gap after profit warning

Serco is looking to plug the gap in its finances from weaker-than-expected results via a share placement estimated to haul in £100m worth of filthy lucre. This follows yesterday's latest profit warning and confirmation that long-standing CFO Andrew Jenner is to quit after 17 years of counting beans, once a successor is found …
Paul Kunert, 01 May 2014
A hammer and bent screw

Don't Hammer Bob's backup biz: At least sales are up

CommVault, the all-singing-and-dancing data management, enterprise backup and archive company, saw its revenues rise 14 per cent in its first fiscal 2015 quarter - but its profits fell by five per cent. Despite that, it still beat Wall Street's earnings estimates. Revenues were $152.6m compared to $134.4m a year ago, while the …
Chris Mellor, 30 Jul 2014
NBN Co logo

NBN Co reveals 1 Gbps business plans in new product roadmap

NBN Co, the entity charged with building and operating Australia's national broadband network (NBN), has released a detailed product roadmap stretching out until 2016. The document (PDF) offers a few interesting insights into the network's progress. One item of special interest is a promised “Enterprise Ethernet Service” that …
Simon Sharwood, 01 Jul 2014
Symantec CEO Michael Brown

Symantec's CEO search ends where it started, with Michael Brown

After a six-month search, Symantec has finally named its new permanent CEO – and it's none other than Michael Brown, the man the company's board named as interim CEO in March. Brown reportedly emerged as the front-runner during a review of more than 100 potential candidates, 30 of whom were "actively vetted" for the chief exec …
Neil McAllister, 25 Sep 2014

Flash daddy SanDisk: Revenues up, but Wall St unimpressed

SanDisk's third 2013 quarter showed a healthy annual and quarterly increase but subdued profits, while Fusion-io integration costs and mis-met Wall Street expectations sent the shares down a tad. Revenues were $1.75bn – a record. They were $1.63bn a year ago, meaning a seven per cent increase, and the same in the second 2014 …
Chris Mellor, 17 Oct 2014
cloud

Sage butters up SMEs in fiscal first half

British software outfit Sage saw a mild upswing in pretax profit and revenue in the first half of its fiscal year as SMEs tentatively splashed some cash. The company's boss Guy Berruyer attributed the gentle rise to an "increase in business confidence for SMEs in the period". Sage reported pre-tax profit was up 5 per cent to £ …
Kelly Fiveash, 04 May 2011
Flash_Writing_on_the_wall

Wham, bam, thank you NAND: SanDisk SSD sales soar

SanDisk sales are booming, based on its NAND foundry integration and well-executed move into enterprise storage. Record second quarter revenue of $1.63bn was 11 per cent up year-on-year. Net income was £274m, 4.6 per cent more than a year ago – with revenues growing faster than profits. SanDisk supplies consumer and business …
Chris Mellor, 17 Jul 2014
Azure icon

Microsoft: Take a seat over there, SAP, on the AZURE CLOUD

SAP’s business applications have landed on Microsoft’s Windows Azure cloud infrastructure service. The German software giant and the Redmond IT juggernaut said on Monday that a number of SAP’s business applications will be certified on Microsoft’s cloud by the end of June. Among this software will be SAP's Business Suite, All- …
Gavin Clarke, 19 May 2014
Lock security

Cyber-punch-drunk eBay slashes revenue forecasts

eBay continues to bear the scars from a cyber attack that led to the leakage of 145 million users data, as the footfall in its third party online tat bazaar came in below management expectations during calendar Q3. President and CEO John Donahoe said the e-commerce platform has a runway to grow, “however, without a doubt, eBay …
Paul Kunert, 16 Oct 2014
big droplets falling from rain cloud

Citrix drizzles lightly and briefly on VMware's parade with Xen update

Citrix swears blind that the 7.6 release of XenApp and Xen Desktop it announced today had nuh-think at all to do with the fact VMware's VMworld colosso-conference kicks off on Sunday. “It is a release that has been planned for a while,” insists product marketing veep for desktop and apps Calvin Hsu. “This is our second half of …
Simon Sharwood, 20 Aug 2014
SanDisk 4GB Micro SDHC

SanDisk surfs cash tsunami on biz SSDs: Prelim nice, but DIMM?

SanDisk is on a revenue roll, with the first quarter of 2014 showing a 62 per cent profit rise on an annual compare, driven by rising enterprise SSD sales. For the first three months of the year [prelim report PDF], to March 30, SanDisk revenues were $1.51bn; they were $1.34bn a year ago, meaning a 13 per cent uptick, although …
Chris Mellor, 22 Apr 2014
channel

Morse expects second half revenue dip

Morse expects to report a slight dip in revenues from continuing operations in its second half compared to its first half of the year, the company announced in a trading update this morning. The services group said its margins on that revenue would reflect the benefit of its cost cutting program through the year and the …
Joe Fay, 09 Jul 2009

Can nothing trip up the runaway cash monster that is Intel? Well...

Intel posted solid earnings for the second quarter of its fiscal 2014 on Tuesday, yet for all its encouraging growth, Chipzilla remains hard hit by the soft PC market and it still shows worrying weakness in the otherwise-booming mobile sector. Total revenues for the three months ending June 28 were $13.8bn, a 7.8 per cent year- …
Neil McAllister, 15 Jul 2014
Columns of coins in the cloud

Dragon's Outsourcery biz bags another £1m of cash to burn

Loss-making cloudy UC services biz Outsourcery is set to pocket £1m worth of investment from a VC just months after it raised cash and cut costs to prevent liquidity drying up, following a forecasted sales slip. The Manchester-based biz run by Dragon’s Den ‘celebrity’ Piers Linney — who, along with his co-founder, has agreed to …
Paul Kunert, 10 Oct 2014
padlock

Palo Alto Networks splashes $US200 million on Cyvera

Palo Alto Networks has announced that it's buying Tel Aviv-based Cyvera for $US200 million, including $US88 million in cash. The attraction is the Israeli company's TRAPS (Targeted Remote Attack Prevention System), an endpoint protection system for Windows machines, which PAN will add to its existing firewall and cloud security …
NAKIVO

Nakivo: Yet another VMware server backup biz going bananas

Thirty-month-old startup Nakivo has erupted into view as an alternative to Veeam for VMware server backup, claiming more than 3,000 customers and a triple-digit growth rate. Nakivo Backup & Replication provides VMware server backup and replication to the SMB market with disaster recovery and business continuity features. It has …
Chris Mellor, 18 Jul 2014

Drooping smartphone sales mean hard times ahead for Brit chipmaker

British chip firm Imagination Technologies has said that a slowdown in the top end of the smartphone market, where Apple and Samsung dominate, will hit the number of chips it ships in the second half of the year. The company warned that it now expected its partners, including the fruity firm, to need between 580 million and 630 …

Sync'n'share firm Box secretly files for IPO

Enterprise-focused file sync'n'share outfit Box has secretly filed an IPO intention with the SEC and not shared it with anybody in advance, according to media outlet Quartz and others. Box is fighting it out with Dropbox for the lead in the enterprise file-sharing market, which is largely based on putting files in a cloud …
Chris Mellor, 03 Feb 2014

APAC PC sales plummet 11 per cent after political upheaval

Global PC growth engine APAC suffered a record eighth consecutive quarterly decline in the first three months of 2014 thanks to political upheaval in the region and the continued popularity of smartphones and tablets, according to IDC. The analyst’s preliminary APAC (ex Japan) PC shipment stats for the period revealed an 11 per …
Phil Muncaster, 24 Apr 2014
For Sale sign detail

RM must try harder in second half

RM has pinned its hopes on the second half of the year after turning in sluggish revenue growth and a slide in profits for the first six months. The education supplier pulled in revenues of £117.6m for the first half, up just 1.8 per cent on the year. Pre-tax profits were £184,000, compared to last year’s £5.6m. This year’s …
Joe Fay, 12 May 2008
Santa Claus on his laptop

Santa brings Dixons £31m profits as ghost of Comet is laid to rest

Christmas has come early for the bosses of Dixons Retail Group, which has announced an encouraging boost in profits and sales. Dixons, which also owns Currys and PC World, said its sales were up thanks to steady cutting of less profitable subsidiaries. In the UK and Ireland, operating profits surged up to £31.4m, five times the …
Team Register, 17 Dec 2013
management consumerisation

Ingram UK basks in rosy glow of ... successful cost-cutting

Throwing costs overboard, smaller interest repayments and walking away from lower-margin business beautified Ingram Micro UK’s bottom line in calendar ’13, as its latest Companies House filing reveals. The Milton Keynes-based biz reported turnover of £968.5m, up 2.15 per cent, or 1.4 per cent when inter-group trade (£36.7m) was …
Paul Kunert, 14 Oct 2014

Notebook sales to surge, says notebook seller

Global notebook sales may be in the crapper, but according to the chairman of the company manufacturing notebooks for Acer, Dell, Toshiba, HP, and others, the bluebird of sales-revenue happiness will sing again in the second half of this year. On Thursday, Compal Electronics chairman Ray Chen told an investors conference that …
Rik Myslewski, 11 May 2013

Telstra flogs phone books to Platinum Equity

Mere days after Telstra was rumoured to be selling its Sensis directory division for “as much as $AU3 billion” the carrier has closed the deal for the fire-sale price of $AU450 million. The sale puts 70 per cent of Sensis in the hands of US private equity firm Platinum Equity – putting a total valuation on the division at around …

Stunned by Shellshock Bash bug? Patch all you can – or be punished

The UK's privacy watchdog is urging organisations to protect their systems against the infamous Shellshock vulnerability in Bash – even though the full scope of the security bug remains unclear. The Shellshock flaw affects Bash up to and including version 4.3. It's a vital component of many Linux and Unix systems, as well as …
John Leyden, 26 Sep 2014
Hitachi glass storage

Apple 'sapphire glass' fronts for iPhone 6? It's NEWS to SUPPLIERS

Several Apple analysts have speculated over the past few months that the next iPhone and perhaps even the near-mythical iWatch will use super-tough sapphire glass in some capacity. But that claim has been thrown into question after the industrial analysis firm TrendForce claimed a tiny issue – not actually having the sapphire …
Jasper Hamill, 29 Jul 2014

Insight CEO: We've found bottom line balm to soothe Microsoft pain

Microsoft’s heftiest enterprise licensing pal Insight Enterprises is now managing the biting fee reductions emanating from Redmond to such an extent that it feels enough comfort to lift bottom line forecasts for 2014. In contrast, as the reseller titan rolled out Q2 numbers showing revenues stagnation, it pulled down estimates …
Paul Kunert, 01 Aug 2014
Actifio's single protection silo and virtual copies

Storage weight-loss wonder Actifio slurps $100 million cash pot

File copy reduction startup Actifio has just been give $100m in a funding round to grow its business. Its Copy Data Storage platform product makes a master snapshot copy of production data and presents virtualised copies of it for test and dev, protection, business continuity, disaster recovery, archiving and analytics use. …
Chris Mellor, 24 Mar 2014