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Financial Results
YCG eyes £10m turnover
London-based reseller Your Comms Group (YCG) has grown turnover by 25% in its latest financial year, with figures rising from £3.7m to £5m.BT registers profit dip but ‘pivots to predictable growth’
BT Group has reported a slight dip in revenue and profit in its full year financial results in line with expectations.Cisco reports flat Q2 - continues services focus
Cisco has reported flat sales growth for the second quarter, reaching the same $12bn in revenue as last year for the three months ended 23 January.Kaseya grows 20% in 2020
The expansion of its IT Complete platform, acquisition of phishing defence solution Graphus and launch of a Covid-19 assistance programme helped Kaseya generate record earnings and expand by over 2Softcat highlights positive H1 performance
Infrastructure services firm and reseller Softcat has issued a positive trading update for the half year to 31st January 2021, with strong demand from the public sector in particular.Covid prompts ScanSource Q4 sales dip
ScanSource shares fell 10% on news of a 22% sales dip in Q4, primarily due to the impact of the Covid-19 pandemic which resulted in lower demand from its mainly SMB customers.Ingram Micro profits up despite Covid hit
Ingram Micro reported a 'solid' second quarter ended 27th June despite witnessing a $1bn-plus annual drop in sales, partly due to the ongoing pandemic.Zoom's revenues continue to skyrocket in Q2
Zoom's Q2 results for fiscal year 2021 show revenues of $663.5m, up 355% year-over-year.Dell reports stronger than expected Q2
Dell shares rose 2% on the back of a strong Q2 despite the Client Solutions Group missing revenue estimates, reported at $11.2bn versus the $11.52bn expectation.Cisco chief upbeat following Q4 financial results
Cisco shares fell 5% after it topped expectations with its fiscal Q4 earnings but issued downbeat guidance for the current quarter, the start of its new fiscal year.
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