Articles about financial results

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Services income helps Juniper keep Q2 from collapse

The tough networking market continues to make growth difficult for the big names: Juniper Networks has reported flat year-on-year Q2 2016 revenue and has warned of a flat outlook. Second quarter 2016 revenue was US$1.221 billion, and its operating margin fell year-on-year from 19.9 per cent in Q2 2015 to 16.7 per cent for the …
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Oh dear, Vodafone: Sales dip in UK

Sales at Vodafone in the UK dropped 3.2 per cent in the first quarter of its financial year to €1.84bn (£1.5bn) - with the biz pointing to issues with its new billing system. Overall revenue dropped by 4.5 per cent to €13.37bn (£11.2bn), with sales in Europe also dipping by 3.5 per cent to €8.7bn (£7.3bn). The biz blamed its …
Kat Hall, 22 Jul 2016

Infosec bods NCC walk away from the domain services biz

UK-based infosec consultancy NCC Group is withdrawing from the domain services biz while retaining domain security capability. The tactical switch was announced as NCC reported revenues up 56 per cent to £209.1m in the 12 months to 31 May 2016, compared to £133.7m in its previous financial year. NCC’s adjusted pre-tax profits …
John Leyden, 7 Jul 2016

It's been a breach-tastic year. And Sophos sales were good, apparently

Operating losses at security software firm Sophos have grown in its first year as a listed company – despite increased sales and an encouraging outlook overall. For the year-ending 31 March 2016, Sophos recorded an operating loss of $32.7 million on revenues of $478.2m. This compares to a loss of $0.5m on revenues of $446.7m …
John Leyden, 26 May 2016
Ashlee Vance, Elon Musk: How the Billionaire CEO of SpaceX and Tesla is shaping our Future

Tesla production executives depart as 'leccy car maker reports narrowing loss

Tesla might have pleased Wall Street with its latest financial results, but the company has also lost a couple of high-profile production executives in the last 24 hours. With around 400,000 reservations booked for the Model 3, the 'leccy car maker needs all the build nous it can find, but Bloomberg reports the departures of …
Vodafone bird box signal repeater

Vodafone sales dip, waits for fixed broadband to kick in

Sales at Vodafone dropped marginally to £10.1bn, revealed the global mobile operator's second quarter results. UK sales remained broadly the same at £1.4bn. Blighty is its second largest market after Germany, which recorded a drop in sales of 12 per cent to £1.7bn. Revenue for the company’s first six months of trading rose by …
Kat Hall, 24 Jul 2015

Unisys halts and catches fire: Mainframe builder dives into the red

Mainframe maker Unisys plunged into the red during its second quarter of 2015, posting losses of $58.2m (£37.6m). The losses quadrupled compared with its second quarter in 2014, when the biz dropped $12.1m over the three-month period. Overall revenues dropped five per cent to $765m (£494m). Nevertheless, chief exec Peter …
Kat Hall, 24 Jul 2015

Internet of ... cars? Auto infotainment systems boost Nvidia's Tegra biz

Another storming quarter for Nvidia saw the chipmaker surpass Wall Street's expectations for both revenue and earnings for the third quarter of its fiscal 2015. Nvidia posted revenues of $1.23bn for the three months ending on October 26, 2014, a 16 per cent increase over the same period a year ago and an 11 per cent increase …
Amazon founder and CEO Jeff Bezos

Jeff Bezos rolls up another $437m, lights Amazon's cigar with it

It's not black magic that Amazon works on its financial results each quarter but red magic – because however massive a haul of cash the company pulls in, it just can't seem to turn a profit. Odd, that. The e-tailer's net sales were up 20 per cent for the third quarter of its fiscal 2014, year-over-year, bringing in a whopping …
Neil McAllister, 24 Oct 2014
Satya Nadella

Microsoft: Cloud-o-bile still only small slice of softening revenue pie

Microsoft reported revenues that beat estimates for Q1 of fiscal 2015, boosted by strong growth in cloud and mobility. But its solid-looking numbers belied ongoing softness in its traditional core markets. Total revenues for the three months ending on September 30 were $23.20bn, a 25 per cent year-on-year increase but flat …
Neil McAllister, 23 Oct 2014
NBN Co Customer premises equipment

NBN Co reports fibre traction and Telstra action

NBN Co has made the slightly awkward announcement that it's more than tripled the number of premises connected to its fibre network in the past year, while maintaining its commitment to the multi-technology model for future rollouts. It's chalked up the connections surge in spite of a management bonfire, several reviews to …
Broke - empty pockets

How's that big mobile push going, Intel? Oh a million dollars. In 3 months? Wow (sarcasm)

Intel is desperate to reduce its reliance on PCs and servers and break into the markets for mobility, wearables, and the Internet of Things. But its latest earnings report shows it's still struggling to make progress in those areas. How struggling? Sales for the company's Mobile and Communications group, which makes smartphone …
Neil McAllister, 14 Oct 2014
Oracle headquarters

First day of Hurd'n'Catz at Oracle: It's dis-fur-pointing for Wall St

Oracle posted results that missed analysts' expectations yet again on Thursday, in a Q1 2015 earnings report that was all but overshadowed by the unexpected news that Larry Ellison has stepped down as CEO. Revenues for the quarter were $8.60bn, a scant 2.68 per cent gain over the same period a year ago and below even the …
Neil McAllister, 18 Sep 2014
TwitterIPO

Twitter shares balloon on another quarter of ho-hum results

Despite continued growth, Twitter's earnings report for the second quarter of its fiscal 2014 didn't look much better than the first quarter's results, with the company still bleeding money even as it continues to ramp up its advertising and user-engagement efforts. Twitter's earnings beat analysts' estimates at $0.02 per …
Neil McAllister, 29 Jul 2014

Come close, dear reader. Past those trees you'll see a non-Microsoft Nokia Oyj in the wild

Nokia – the Finnish networking firm, not the Microsoft division that sells low-cost mobes running Windows Phone – reported earnings for another difficult quarter on Thursday, yet showed signs that its operations are beginning to stabilize since punting its Devices and Services business off to Redmond. Net sales for the second …
Neil McAllister, 24 Jul 2014
Microsoft campus

Microsoft bags more CASH – but profit's flat as Nadella waves axe

Microsoft posted solid yet unspectacular results for both the fourth quarter of its fiscal 2014 and the full fiscal year, even as investors braced for new CEO Satya Nadella to axe as many as 18,000 staffers. Revenues for the quarter beat analysts' estimates slightly at $23.38bn, a 17.5 per cent gain over the same period a year …
Neil McAllister, 22 Jul 2014
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Rising Red Hat reaps rewards of cloud growth

Open source software vendor Red Hat once again showed strong growth in the first quarter of its fiscal 2015, with rising revenues driven by strong sales to enterprise customers. "We now count 94 per cent of the Fortune 500 and 90 per cent of the Fortune Global 500 as customers," Red Hat CEO Jim Whitehurst said in a canned …
Neil McAllister, 19 Jun 2014

Optus buries nasty for NBN Co in its annual results

A strong – almost stunning – rate of 3G-to-4G conversion hasn't stopped Australia's number two mobile carrier Optus losing mobile customers to market leader Telstra, and only its rigorous cost-cutting has allowed the carrier to return a profit for FY 2013-2014. Although the carrier's 4G base shot up from 785,000 people in 2013 …

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