Financial results stories - Page 8

Enterprise cloud applications firm Workday has announced results for the fiscal 2023 third quarter ended October 31, 2022.

Unaudited revenue in Q3 2022 was finalised at AU$775.5 million, an increase of AU$124 million, or a 19% increase on the previous comparative period.

Organisations in Australia and New Zealand that harness the power of data can grow their annual business revenue by an average of 9.5%.

Company attributes growth to the capabilities of its cloud native security solution and its $1m warranty to stop cloud native attacks.

How can businesses navigate an economic downturn? Invest in compliance, marketing, R&D, and customer service, say experts.

For many businesses, the quality of data is integral to achieving accurate profitable insights and informed decision-making.

The report revealed that the data race is not only heating up, but rapidly shifting toward real-time data - the data that powers in-the-moment use cases.

The company reported total revenues of $1.54 billion and subscription revenue of $1.37 billion, which was revealed to be up 22.8% year over year.

Superloop's revenue grew from $110.7m to $262.5m in FY22, driven by acquisitions and organic growth. Underlying EBITDA increased 37% to $25.4m.

Absolute Software has revealed its fourth quarter and full-year fiscal 2022 financial results, reporting substantial revenue increase and company growth.

According to the Euromonitor International report, eCommerce sales in SEA are expected to reach $166 billion by 2026, following a 30% rise in 2021.

IDC has found that global revenues in the collaboration applications market grew 28.4% year-over-year in 2021 to $29.1 billion.

Appier Group reports a historic high growth rate of 56% YoY in Q2, driven by AI-powered solutions and expansion into new verticals.

Fortinet's Q2 2022 results show product revenue of $400.7m, up 34% YoY, and total revenue of $1.03bn, up 29% YoY.

BillingPlatform unveils enhancements to accelerate the quote-to-cash process and simplify revenue recognition for enterprises.

Marketing leaders say that investment in new marketing technologies (MarTech) will drive significantly increased revenues.

Large enterprises are propelling the 5G industrial Internet of Things market, according to a recently published report from Future Market Insights.

Monthly recurring revenue (MRR) is the ultimate goal, the most important issue on which anyone in the IT channel should focus.

There's no doubt about it – incorporating a robust customer loyalty program in almost any consumer-facing business can pay off.

The two companies are working to give joint customers a modern work experience, centred on technology that improves teamwork, collaboration and efficiencies.