Financial Results
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.UK arm lags Computacenter's growth regions
In a trading update on the year ended 31st December 2019 Computacenter reported revenue up by 16%.Maintel lowers revenue expectations
In a trading update Maintel has revised downwards revenue expectations for the year ending 31st December 2019, blaminSCC continues run of record revenue years
SCC's run of record revenue growth years continues with 2019 figures of £2.2bn including services and solutions growth of 15%, some of which is being reinvested in SCC’s Birmingham based HQ which iRedcentric drives recurring revenue to 90% of total
MSP Redcentric has posted a mixed bag of H1 results with sales down, profits and debts up.SysGroup posts half year sales hike
SysGroup has reported a big rise in half-year sales and another rise in recurring revenues for the six months ended 30 September 2019.
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