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Revenue yes, cash no

Cashless payment solutions provider Revenue Group Bhd is optimistic of a growing cashless society in Malaysia and aims to focus on deploying more electronic data capture (EDC) terminals in the near term.

IBM beats revenue estimates on newer businesses

NEW YORK: International Business Machines Corp's shift to newer businesses such as cloud and security services helped it beat analysts' quarterly revenue estimates, and the technology major hinted at sales growth after nearly six years of declines.

Jump in global airline ancillary revenue this year

PETALING JAYA: Global airlines are projected to earn US$82.2bil (RM337.3bil) in ancillary revenue this year, a jump from US$67.4bil last year.

Sunway’s FY16 revenue higher at RM4.72bil

PETALING JAYA: Sunway Bhd recorded an increase in revenue to RM4.72bil for the period ended Dec 31, 2016 compared to RM4.45bil in FY15.

Dell revenue misses as China softness hits server business

BENGALURU: Dell Technologies Inc reported lower-than-expected revenue in the first quarter as its server business declined for the first time in 10 quarters amid economic conditions weighing on demand in China.

TM expects lower revenue growth this year

KUALA LUMPUR: Telekom Malaysia Bhd (TM) expects lower revenue growth this year, as it continues to face pressure from competitors and customer expectations of lower broadband prices.

George Kent posts lower profit and revenue in Q3

KUALA LUMPUR: George Kent (Malaysia) Bhd has reported a decline in net profit and revenue in the third quarter ended Oct 31, due to lower contribution from the engineering segment but it still declared an interim dividned of 1.5 sen a share.

Operating revenue boost for Bursa

PETALING JAYA: Bursa Malaysia Bhd posted a 12.62% rise in net profit to RM63.78mil for the first quarter ended March 31 on the back of the highest-ever quarterly operating revenue since listing in 2005.

Revenue boost from corporate tax, GST in 2018

THE Government is estimating total revenue to grow 6.4% to RM239.86bil in 2018 compared with the RM225.33bil or 6.1% rise this year.

Cisco revenue forecast disappoints; says to cut 1,100 more jobs

NEW YORK: Cisco Systems Inc forecast current-quarter revenue that widely missed analysts' estimates and said it would cut 1,100 more jobs, as the world's largest networking gear maker steps up efforts to transform into a software-focused company.