Results

Accenture reports mixed results in light of FX headwinds

Accenture has reported mixed financial results for the third quarter of 2022, with the company beating Q3 revenue expectations but forecasting Q4 revenue will be below estimates due to the negative impact of foreign exchange rates. Accenture also cut the...

Cloud boom drives strong Q4 for Oracle

Oracle has reported better-than-expected fiscal 2022 Q4 results, driven by a rise in demand in its infrastructure cloud business. Q4 cloud revenue was $2.9bn, up 19 percent in USD, while total quarterly revenues were up 5 percent year on year...

IFS delivers outstanding Q1 performance

IFS has delivered an exceptional Q1 performance, with ACV bookings up 78 percent year on year and recurring revenues up a significant 45 percent year on year. The company continues to report growing demand for its cloud technology, resulting in...

IBM exceeds Q1 earnings estimates

IBM has reported better-than-expected Q1 2022 results, with revenue up 8 percent year on year, as the company continues restructuring its business around hybrid cloud platforms, software infrastructure and consulting services.

Strong Q1 revenue growth for SUSE

SUSE has reaffirmed its guidance for the current year following the release of a strong set of results for the first quarter of its 2022 financial year. The company continued to deliver on its strategy in the quarter, reporting 16...

Accenture Q2 results exceed expectations

Accenture has reported revenues of $15.05bn in its financial results for the second quarter of fiscal 2022, an increase of 24 percent in U.S. dollars and 28 percent in local currency from the same period last year. Revenue in Q2...

Record results for Capgemini

Capgemini has released strong full year results for the year-ended 31 December 2021, reporting revenues of €18.1bn, up 14.6 percent on 2020 figures. In 2021, Capgemini’s results exceeded all its targets as further raised in October. Constant currency growth was...

IFS cloud revenue up 104 percent

IFS has announced strong Q3 2021 financial results ending September 30, 2021. Driving performance in the third quarter was the increase in customer demand for IFS in the Cloud, with cloud revenue up 104 percent year on year. Recurring revenue...

Cloud revenue up for Oracle

Oracle has announced its fiscal 2022 Q1 results, showing a 4 percent year on year increase in quarterly revenues to $9.7bn.

Strong Q2 for Salesforce following Slack acquisition

Having closed its acquisition of Slack earlier in the quarter, Salesforce has now revealed strong Q2 2022 results with total Q2 revenue up 23 percent year on year at $6.34bn. Subscription and support revenues for the quarter were $5.91bn, an...