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Financial results Stories - Page 4

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Financial results stories

Azul gains momentum on enterprise Java cloud demand
DevOps

Azul gains momentum on enterprise Java cloud demand

Enterprise users are turning to Azul to cut Java cloud costs and compliance risks as finance, healthcare and telecoms demand jumped sharply.

By Karen Joy Bacudo • 4 min read • Tue, 21st Apr 2026

Global Stories

Financial results stories

VAST Data hits $30bn valuation after $1bn Series F round
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 • Thu, 23rd Apr 2026
Pinewood lifts revenue as US dealership testing starts
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 • Wed, 22nd Apr 2026
Forrester warns AI marketing spend lacks business impact
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 • Wed, 22nd Apr 2026
DroneShield quarterly revenue jumps 121% to AUD $74.1m
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 • Wed, 22nd Apr 2026
Erste Group deploys FICO optimisation for retail lending
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 • Tue, 21st Apr 2026
Snom reports growth in key markets & product range
Unified Communications

Snom reports growth in key markets & product range

Sales rose in Iberia and Asia-Pacific as Snom added more than 20 devices, while the UK and wider Europe stayed broadly stable.

By Sofiah Nichole Salivio • 3 min read • Tue, 14th Apr 2026
Sidetrade launches AI-native plan with three new products
Software-as-a-Service

Sidetrade launches AI-native plan with three new products

The shift could lift AI-related income and margins as Sidetrade seeks to turn its vast transaction data into subscription products by 2030.

By Sofiah Nichole Salivio • 5 min read • Fri, 10th Apr 2026
Diverging paths: Monzo quits, Revolut hunts US charter
Disaster Recovery

Diverging paths: Monzo quits, Revolut hunts US charter

Monzo's retreat from America will close customer accounts by June, while Revolut is seeking direct access to deposits and loans in the US.

By Karen Joy Bacudo • 5 min read • Wed, 8th Apr 2026

Stories from Other Regions

Financial results stories

Float launches AI tool to automate Canadian tax coding
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 • Thu, 23rd Apr 2026
TeamSystem posts record revenue as AI push lifts growth
Digital Transformation

TeamSystem posts record revenue as AI push lifts growth

Recurring revenue and AI subscriptions helped the Italian software group lift annual revenue 12% to EUR 1.15 billion and widen margins.

By Karen Joy Bacudo • 3 min read • Tue, 21st Apr 2026
Mid-sized fintech firms squeezed out as funding tightens
Fintech

Mid-sized fintech firms squeezed out as funding tightens

Higher rates and tougher investor scrutiny are forcing mid-tier fintechs into sales, restructuring or shutdown as capital pools shrink.

By Karen Joy Bacudo • 4 min read • Mon, 20th Apr 2026
Slash raises USD $100 million at USD $1.4 billion valuation
Software-as-a-Service

Slash raises USD $100 million at USD $1.4 billion valuation

The fintech's broader banking push now reaches more than 5,000 businesses, after three quarters of GAAP profitability and rapid revenue growth.

By Karen Joy Bacudo • 4 min read • Sat, 18th Apr 2026
Five ways to maximise benefits of mobile-first systems
Data Analytics

Five ways to maximise benefits of mobile-first systems

Australian venues are turning to mobile-first systems to cut labour pressure, reduce errors and lift spend per table amid tight margins.

By Barry Shaked • 4 min read • Thu, 16th Apr 2026
Quickfire Digital named Shopify Platinum partner in Norwich
Digital Transformation

Quickfire Digital named Shopify Platinum partner in Norwich

The Norwich agency will gain closer access to Shopify support and planning after becoming one of just 15 UK Platinum partners.

By Sofiah Nichole Salivio • 4 min read • Thu, 16th Apr 2026
IntelliAM buys RBM to expand in Scotland's central belt
Manufacturing

IntelliAM buys RBM to expand in Scotland's central belt

The deal adds a profitable Scottish service arm and seven staff, giving IntelliAM a stronger base in the central belt for industrial customers.

By Sofiah Nichole Salivio • 3 min read • Fri, 10th Apr 2026
US CFOs warn cloud costs are rising as AI budgets grow
Digital Transformation

US CFOs warn cloud costs are rising as AI budgets grow

Rising bills and AI demand are pushing cloud spending onto board agendas, with most finance chiefs worried about profits and waste.

By Karen Joy Bacudo • 4 min read • Thu, 9th Apr 2026