Financial results Stories - Page 2

Global Stories

Financial results stories

InDebted founder steps back as chief executive search begins

The debt collection software group is seeking a new chief executive after revenue rose 52% and monthly profitability hit a record.

By Mark Tarre • 4 min read • Last month

Hyperscale

GE Vernova lifts guidance as orders & profit surge

Stronger demand for gas turbines and grid equipment lifted first-quarter orders, revenue and profit, prompting a higher 2026 outlook.

By Karen Joy Bacudo • 5 min read • Last month

Data Analytics

ServiceNow & Google Cloud widen AI agent partnership

The expanded tie-up aims to automate telecoms, retail and IT workflows while giving enterprises tighter oversight of AI agents across both platforms.

By Sean Mitchell • 4 min read • Last month

Firewalls

Tech Mahindra posts higher FY26 revenue & record dividend

Higher margins and a record dividend followed Tech Mahindra’s FY26 as deal wins jumped and profit rose despite a tough macro backdrop.

By Karen Joy Bacudo • 3 min read • Last month

Software-as-a-Service

Cerillion lifts orders on GBP £42.5 million Omantel deal

New orders have doubled as the telecoms software group’s largest-ever contract is expected to drive a stronger second half and support full-year targets.

By Karen Joy Bacudo • 3 min read • Last month

Software-as-a-Service

VAST Data hits $30bn valuation after $1bn Series F round

The fresh capital will fund global expansion as investors back VAST’s AI infrastructure software, now valued at USD $30 billion after its latest round.

By Mark Tarre • 5 min read • Last month

Software-as-a-Service

Pinewood lifts revenue as US dealership testing starts

Higher annual sales and profit at Pinewood were helped by new contracts, as testing of its software began at Lithia's US dealerships.

By Karen Joy Bacudo • 4 min read • Last month

Customer Experience

Forrester warns AI marketing spend lacks business impact

Most firms are failing to prove AI marketing spend lifts profit or revenue, even as buyers increasingly rely on answer engines and agents.

By Sean Mitchell • 3 min read • Last month

Advanced Persistent Threat Protection

DroneShield quarterly revenue jumps 121% to AUD $74.1m

Stronger demand for drone-defence systems helped lift cash receipts and left DroneShield with AUD $222.8 million in cash and deposits.

By Karen Joy Bacudo • 3 min read • Last month

Data Analytics

Erste Group deploys FICO optimisation for retail lending

The rollout is set to sharpen loan pricing and cut manual exceptions as the bank expands algorithmic decisions across eight markets.

By Mark Tarre • 3 min read • Last month

Stories from Other Regions

Financial results stories

Digital Transformation

Australian mid-sized firms gain from AI, but skills lag

Yet most Australian mid-sized firms still lack the training and governance needed to turn AI use into broader revenue gains.

By Sean Mitchell • 4 min read • Last month

Digital Transformation

Australia insurers urged to modernise core technology

Legacy systems are raising costs and slowing claims and quoting, leaving insurers at risk of missing out on AI and growth opportunities.

By Shaji Sethu • 4 min read • Last month

Data Analytics

AI adoption lifts NZ business revenue, study finds

AI users are already outperforming peers, with New Zealand SMEs earning about NZD $400,000 more and large firms NZD $59.1 million more in FY25.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Software-as-a-Service

Zopper appoints Rahul Singh as Chief Financial Officer

The insurtech group's expansion is set to be backed by a finance veteran, as Rahul Singh takes charge of planning, investor relations and governance.

By Sofiah Nichole Salivio • 4 min read • Last month

Hyperscale

Exacta Group posts record quarter as revenue jumps 60%

Strong demand for server hardware lifted orders to a record and gave the Bristol-based group confidence of further growth into Q2 and beyond.

By Karen Joy Bacudo • 3 min read • Last month

DevOps

UK project firms shift from AI trials to ROI gains

Nearly half of UK project firms are seeing productivity or cost gains from AI as they shift it into day-to-day operations and seek ROI.

By Shannon Williams • 4 min read • Last month

Hyperscale

Float launches AI tool to automate Canadian tax coding

Canadian finance teams could save hours of month-end admin as Float’s new AI tool auto-codes card transactions with 90% precision.

By Karen Joy Bacudo • 4 min read • Last month

Digital Transformation

Persistent posts FY26 revenue growth & £40 dividend

A stronger FY26 lifted Persistent's dividend to INR 40 a share as annual revenue climbed 17.4%, with quarterly growth extending to a 24th straight quarter.

By Karen Joy Bacudo • 3 min read • Last month