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financial results

Adapt IT reports a 36% turnover increase for the year

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...

Veeam achieves record $827 million in total bookings for 2017

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...

Cell C Posts R540 million Profit

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...

MTN ends turbulent year by announcing first loss in 20 years

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...

EMEA accounts for 26 percent of Lenovo’s worldwide revenue

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...

Huawei releases audited 2012 financial results

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...

MTN subscribers increase to 189,3-million

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...

HP net revenue down by 5%

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...

Facebook posts $59 million net loss

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...

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

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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Why is AI Risk Management Essential for Your Business?

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