Financial results stories - Page 22

Red Hat's financial results for the quarter ended May 31 reveals strong revenue growth driven by demand for the vendor's hybrid cloud technologies.

AudioCodes has announced its revenues for the second quarter of 2015 are anticipated to be lower than previously estimated.

Rakon returns to profit with a USD $3.2 million net gain after closing its UK plant and shifting production to India and NZ, despite doubling its debt.

N. Robert Hammer says Commvault achieved record full year revenue and operating cash flows in 2015 despite significant foreign exchange headwinds.

Microsoft has experienced significant revenue growth for the year ended March 31, 2015, largely due to the success of its cloud services.

Amazon has increased its operating cash flow by nearly 50% to $7.84 billion in the past 12 months, and says AWS is a significant reason for this.

US corporate earnings will take centre stage in the coming days with companies such as JPMorgan Chase, Wells Fargo, Johnson & Johnson and Intel report.

The Federal Open Market Committee's minutes of its March 17-18 meeting showed several members favoured raising US interest rates in June.

Fliway Group's stocks dip 2.6% post-IPO, despite a bright start on NZX. Investors weigh tepid demand against dividend prospects.

New Zealand Rugby's annual profit dropped about 86 percent as the national sports administrator's costs grew faster than its income.

Mainfreight anticipates up to a 7.1% profit increase, driven by revenues surpassing USD $2 billion, while honouring the legacy of former chairman Don Rowlands.

Bolstered by the increasing propensity for malicious attacks, the security appliance market has experienced double-digit shipment growth and 8.6% reve.

Dell has announced its channel represents more than 40% of its global revenue, and this year it is focused on upping the ante with partner incentives.

New Zealand's wholesale trade grew for a third quarter in the final three months of 2014, with increased activity for apparel, pharmaceuticals and fur.

AsureQuality, the state-owned food-testing company, posted a 5 percent drop in first-half profit, reflecting higher operating costs to develop future.

The success of the Australian operations of Ingram Micro have received special mention from the distributor's global chief executive Alain Monié.

Diligent Board Member Services's plans to spend up ahead of its new product has seen the governance software developer's stock downgraded by Credit Su.

Trade Me Group posted slower profit growth in the first half of its financial year as increased investment ramped up costs.

Fletcher stock plunges 4.5% amid profit dive and scrapped franking credits, with full-year earnings to hit the lower target end.

NZ shares surge, led by Fletcher Building, amidst investor optimism before the company's expected robust earnings reveal next week.