Financial results stories - Page 5

Kogan.com has revealed impressive financial results for the first half of FY25, with gross sales up 10.3% to USD $492.5 million and profitability increasing significantly.

Starburst reports record financial results for FY25, fuelled by a 94% surge in cloud product adoption and a 20% increase in net new customers.

Freshworks has unveiled impressive Q4 results, with revenues reaching USD $194.6 million, marking a 22% increase year-on-year and signalling robust growth.

Confluent has reported robust growth in Q4 2024, with cloud revenue soaring by 38% year-on-year to USD $138 million, reflecting strong demand for its data services.

SolarWinds has struck a deal to be acquired by Turn/River Capital for around USD $4.4 billion, offering shareholders a premium of 35% per share.

IFS has announced record financial results for the year ending December 31, 2024, with ARR exceeding EUR €1 billion driven by strong demand for Industrial AI solutions.

IREN reported Q1 FY25 results, revealing USD $49.6 million in Bitcoin mining revenue and a net loss of USD $51.7 million amid expanding AI cloud services.

Zoom Communications has reported a 3.6% increase in revenue for Q3 2025, reaching USD $1,177.5 million, while key AI innovations drive user growth.

CrowdStrike has announced a remarkable achievement, surpassing USD $4 billion in annual recurring revenue, marking significant growth in its latest quarterly results.

HMC Capital has acquired data centre platform iseek for AUD $400 million, enhancing its strategy to launch a Global Digital Infrastructure Platform.

Catapult has reported a 20% rise in Annualised Contract Value to USD $96.8 million and significant revenue growth of 19% to USD $57.8 million for H1 FY25.

Commvault has reported a robust financial performance for Q2 fiscal 2025, with revenues rising 16% to USD $233.3 million and subscription revenue up 37%.

Newgen Software has announced robust Q2 results for fiscal 2025, with revenues up 23% to INR 361 crore and profits surging 47% to INR 70 crore.

Westcon-Comstor has been named an inaugural Catalyst Partner under Broadcom's Enterprise Security Group, securing sole APAC distribution rights for Symantec and Carbon Black.

Okta has launched new identity management tools, including Identity Security Posture Management, aimed at enhancing security for financial services amid escalating cyber threats.

Snowflake reports Q2 fiscal 2025 revenue of USD $868.8 million, a 29% YoY growth. Product revenue rose 30% to USD $829.3 million.

Zoom Video Communications surpasses fiscal Q2 guidance with USD $1,162.5 million revenue, driven by AI-powered tools; records a 33.7% rise in operating cash flow.

Fortinet's Q2 2024 results show record operating margins and a 19.8% rise in service revenue, signalling strong growth despite a slight dip in product sales.

LG Electronics posted record second-quarter revenue of KRW 21.69 trillion (USD $15.82 billion) and operating profit of KRW 1.20 trillion (USD $875 million).

Check Point names Nadav Zafrir as new CEO amid strong Q2 2024 results, with revenues up 7% to USD $627 million. Founder Gil Shwed to become Executive Chairman.