Financial Results
Gamma partners drive 22% hike in gross profit
Gamma's results for the year ended 31st December 2019 point to significant growth in the UK indirect business whichComputacenter reports £5bn-plus revenues
Computacenter saw revenues pass £5bn for the first time for the full-year 2019, with sales growing 16.1% (or 16.9NFON AG revises downwards growth forecast
Headwinds of economic uncertainty have prompted German hosted comms provider NFON AG to revise downwards growth expectations this year despite indicating strong preliminary figures for financial yeCloudCoCo reports losses, sets remedial targets
CloudCoCo has reported losses and set remedial targets following its acquisition by Adept4 last October in a deal worth £6.1m (with the listed and expanded entity rebranded as CloudCoCo).Cisco chief upbeat despite Q2 revenue dip
Cisco has reported Q2 revenues of $12bn, down 4%, with a non-GAAP operating margin rate of 33.7%, up 1.6 points.Q419 uptick puts RingCentral in $1bn revenue club
RingCentral has accelerated past the $1bn annual revenue run-rate milestone on the back of a 34% hike in Q4 reAlphabet pegs Q4 revenue at $46bn
Google parent company Alphabet announced Q4 2019 earnings with $46.075 bn in revenue, up 17% from $39.27bn in Q4 2018, with operating income at $9.27bn and net income of $10.67bn for this quarter.Bechtle bolstered by big revenue boost
German IT firm Bechtle has reported a 24% hike in revenues to circa 5.37bn euros in 2019, up from 4.32bn euros the previous year.Network Telecom continues growth journey
In a business update Telford-based Network Telecom reported 2019 revenues up 2Government’s Huawei decision costs BT £500m
The cost to BT of the Government’s approval of Huawei to build the UK's non-core 5G network will be circa £500m over the next five years, according to BT Chief Exec Philip Jansen.
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