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financial results

Company News

Adapt IT reports a 36% turnover increase for the year

Staff Writer -
Adapt IT, a global software provider, announced its financial results for the year ended 30 June 2018. The company reported a turnover increase of 36% to R1,35bn for the year. 13% of that was organic growth, while another 30% was...
General

Veeam achieves record $827 million in total bookings for 2017

Staff Writer -
On January 9, 2018,  Veeam Software announced results from its most successful year in the company’s decade-long history. Veeam has surpassed expectations by achieving $827M in total bookings revenue in 2017, an increase of 36 percent year-over-year. Such consistent growth can...
Mobile and Telecoms

Cell C Posts R540 million Profit

Staff Writer -
South African mobile services provider Cell C has today, released its financial results for the year ending 31 December 2016. Following strong operational and financial growth across key financial indicators, the company posted a profit of R540 million. “The 2016...
Events

MTN ends turbulent year by announcing first loss in 20 years

Staff Writer -
Mobile operator MTN has reported a headline loss of R1.4 billion ($108 million) or 77cents per share for the financial year ending 31 December 2016. The announcement was made at the release of their financial results on Thursday at the...
Company News

EMEA accounts for 26 percent of Lenovo’s worldwide revenue

Staff Writer -
The Lenovo Group has revealed its fourth fiscal quarter and full-year ended March 31, 2015 results. In a seasonally slow quarter with significant currency impacts, revenue was US$11.3 billion, up 21 percent year-over-year. If excluding the exchange rate impact, the...
Top Stories

Huawei releases audited 2012 financial results

Staff Writer -
Huawei, a  global information and communications technology (ICT) solutions provider, has released its audited 2012 financial results. Huawei achieved steady business growth, recording sales revenues of CNY220.19 billion and net profit of CNY15.38 billion. In the next five years, Huawei...
Mobile and Telecoms

MTN subscribers increase to 189,3-million

Staff Writer -
Mobile service provider MTN today released their results for the year ended 31 December 2012, and showed that mobile subscribers to the network grew by 15,1% to 189,3 million. “Over the past year, subscribers increased 15,1% to 189,3 million, a...
Mobile and Telecoms

HP net revenue down by 5%

Staff Writer -
Hewlett-Packard (HP) recently announced financial results for its fourth fiscal quarter and full fiscal year ended Oct. 31, 2012. For the full year fiscal 2012, net revenue of $120.4 billion was down 5% from the prior-year period and down...
Online & Social

Facebook posts $59 million net loss

Staff Writer -
Facebook, Inc. has reported financial results for the third quarter, which ended September 30, 2012. "As proud as I am that a billion people use Facebook each month, I'm also really happy that over 600 million people now share and...
Mobile and Telecoms

3G, data and smartphones fuel MTN Nigeria’s growth

Staff Writer -
The Leadership reports that MTN Nigeria has announced a 3.7% growth in its subscriber base in the first year ended June 30. The telecommunications company said its subscriber base now stands at 43, 184 million. MTN Nigeria reportedly contributes 24,43% to...
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GeneralMamsi Nkosi -

TECNO and itel Present Tech Gifts Ideas for Father’s Day 2025

Father’s Day is around the corner, on 15 June. It is a time to celebrate, honor, and appreciate the...
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