Financials

Christian Klein, CEO of SAP | SAP Q2 results

SAP Q2 results: cloud leads the way despite analyst misses

SAP’s financial results for Q2 2023 demonstrated cloud revenue growth of 19 percent, but the results did not meet analysts’ expectations.

IBM Q2 results top earnings estimates with Red Hat wins – but revenue falls

IBM has released its second quarter results with earnings exceeding analysts’ estimates, but revenue missed the mark.

green Indian chameleon sitting on a branch | SUSE Private

SUSE Q2 results see shares down amid slowing revenue growth

SUSE’s financial results for Q2 2023 revealed a turbulent quarter with its revenue growing by one percentage point to $161.9m.

image of Julie Sweet Accenture chair and CEO | Accenture Q3

Accenture Q3 revenue matches estimates but forecast dips

Accenture has reported its financial results for the third quarter of fiscal 2023 with revenues of $16.6bn, an increase of three percent in US dollars and five percent in local currency.

Oracle chair and CTO Larry Ellison speaks | Oracle Q4

Oracle Q4 cloud wins “doing better” than SAP, AWS, Ellison claims

Oracle has announced its fourth quarter financial results, with rising demand for its cloud offerings said to be driven by AI technology investment and what Oracle chair and CTO Larry Ellison claims are “dramatically lower costs" compared to other vendors.

image of Sanjit Biswas, CEO and co-founder of Samsara | Samsara Q3

Samsara Q1 bags 40 percent growth for third consecutive quarter

The total Q1 revenue added up to $204.3 million, which is an impressive 43 percent Year-over-year (YoY) increase.

Salesforce Q1 beats guidance with steadied growth

Salesforce has beat revenue guidance for its first quarter, with steadied growth and higher capital costs causing surging shares to drop seven percent after hours.

Antonio Neri, president and CEO of HPE | HPE second quarter

HPE Q2 driven by edge as traditional revenues slow

HPE has revealed its second quarter 2023 financial results with a reported revenue of $7bn, falling just short of its $7.1bn-$7.5bn prediction set during its highest first quarter performance since 2016.

Workday building | Workday first quarter

Workday reveals continued momentum in strong first quarter results

Workday, a leader in enterprise cloud applications for finance and human resources, has released its results for the fiscal 2024 first quarter with total revenues at $1.68bn, an increase of 17.4 percent from the first quarter of fiscal 2023.

Daniel Dines UiPath | UiPath first quarter

UiPath reveals steady growth for Q1

UiPath has revealed its financial results for its first quarter fiscal 2024 with a reported revenue of $289.6m an increase of 18 percent year-on-year.

Snowflake grows revenue and acquires Neeva – but forecasts cause shares slip

Snowflake, the data cloud company, has announced its financial results for the first quarter of fiscal 2024 for the period ending April 30, 2023, revealing revenue growth amidst measured earnings projections, causing shares to slip over 12 percent in after-hours trading. The company also intends to acquire Neeva, the gen-AI search firm.

Aiman Ezzat, Capgemini CEO | Capgemini Q3

UK&I leads Capgemini Q1 growth after Whitehall wonder win

Capgemini Q1 results show biggest EMEA growth following headline UK government deal.

Image of AWS office/ What we've learnt from day one of AWS' re:Inforce

AWS first quarter results reflect customer caution and Amazon layoffs

Amazon has released its first quarter results, with sales for its AWS segment having increased 16 percent year-on-year (YoY) to $21.4bn.

ServiceNow “fastest ever” as it reaches $2bn revenue first

ServiceNow has surpassed the $2bn quarterly revenue barrier for the first time, according to its first quarter (Q1) results.

satya nadella, microsoft ceo | microsoft Q3 results

Microsoft Q3 results beat expectations as cloud stays afloat

Microsoft has posted its Q3 results showing revenue and EPS to have beaten expectations.

Alphabet’s first quarter results: Google Cloud makes its first profit

Alphabet has released its Q1 2023 results, which shows Google Cloud making a profit for the first time, and Alphabet exceeding expectations.

IFS on firm footing with robust Q1 ARR and cloud growth

IFS has announced its Q1 2023 financial results, with cloud fueling wins as CEO Darren Roos enters his sixth year at the helm.

SAP first quarter results: cloud up but outlook down for 2023

SAP financial results for the first quarter beat analysts' expectations, with cloud revenues totaling €3.18bn. The ERP giant adjusted its outlook for 2023 though, due to the divestment of its Qualtrics unit in March.

Arvind Krishna CEO of IBM | IBM first quarter

IBM shows steady growth for first quarter 2023

IBM has released its first quarter 2023 results with a current revenue of $14.3bn, up 0.4 percent, up 4.4 percent at constant currency, demonstrating steady growth for the company.

Accenture Q2 secures record bookings, with staff layoffs to come

Accenture has announced its Q2 fiscal 2023 results, seeing revenues increasing and record quarterly bookings. 19,000 job cuts were also confirmed, in a bid to reduce costs.

UiPath Dines Enslin | UiPath | Robert Enslin

UiPath drives record Q4 momentum with revenue and customer wins

UiPath has reported fourth quarter revenue of $308.5m an increase of 7 percent year-on-year, and a full year fiscal 2023 revenue of $1.059bn increased 19 percent YoY.

image of the Oracle office/ Oracle debuts Compute Cloud@Customer

‘Oracle playbook’ ethos drives steady Q3 fiscal results

Oracle announces Q3 fiscal results 2023 revealing strong cloud growth and gains from the acquisition of Cerner.

Samsara swings highest quarter in three years with headcount swell

Samsara has announced its fourth quarter and full fiscal year 2023 financial results, reporting quarterly growth at its highest in three years and a 40 percent headcount swell.

Hewlett Packard Enterprise delivers record-setting results for Q1

Hewlett Packard Enterprise has revealed its highest first-quarter performance since 2016 with reported revenue of $7.8bn up 12 percent, 18 percent for adjusted currency.

Salesforce pushes profits in strong share-boosting Q4

Salesforce, the global leader in CRM, has released strong results for its fourth quarter and full fiscal year ending 31 January 2023, causing shares to leap up 16 percent.

Snowflake reports 54 percent growth in Q4; bets big on hiring

Q4 results from Snowflake reported $555.3m in product revenue for the data cloud company, representing 54 percent YoY growth.

Workday overshoots in Q4, gaining ground on $10bn target

Workday has announced financial results for its fiscal 2023 fourth quarter and full year ended 31 January 2023, with revenue wins inching the firm ever closer to its 2025 $10bn target.

Google focused on AI as Q4 results miss targets

Google missed expectations in their Q4 financial results with advertising revenue down. Google Cloud has halved losses, and investment in AI has been announced.

AWS Q4 results mixed in 2022 headwinds

Amazon has announced its financial results for the fourth quarter and full year, with revenue topping Q4 expectations, while AWS falls short amongst macroeconomic headwinds.

ServiceNow Q4 results chime with leadership optimism

ServiceNow has announced its financial results for Q4 and the full year, revealing yet another positive quarter, with results exceeding the high end of guidance across GAAP topline growth and profitability.