CS Holdings has warned that it will report a R15 million attributable loss and a headline loss of 6.5c a share for the year to 30 June.
ERP.com says its year-end earnings will be substantially higher than those of the previous year.
HP disappointed the market yesterday when its third-quarter results failed to meet expectations.
HP has posted third quarter revenue of $17.35 billion, compared to $16.54 billion for the comparative quarter last year.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
Intelsat has received shareholder approval for its proposed acquisition of six satellites and orbital location rights from Loral Space & Communications.
Unisys has announced second quarter net income of $52.5 million, compared to $42.2 million for the comparative quarter last year.
OSI was delisted from the JSE this morning after shareholders owning more than 90% of the company accepted its offer to buy their shares for 22c each.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
FrontRange achieved a turnaround in the year to 30 June, reporting an operating profit of R0.36 million, compared with a previous R140.07 million loss on continuing operations.
Mercury Interactive has completed its acquisition of Kintana, a US provider of IT governance software and services.
ACCPACC reseller AccTech Systems has installed the ACCPAC Advantage Series Enterprise Edition 5 at Armscor Business.
Top business technology headlines 20 - 26 February 2022
A summary of the top business technology stories shared by ITWeb between 20 - 26 February 2022. Visit www.itweb.co.za for more news. #ITWebCloudDatacentresummit2022 #newsvideo #Fraudcases
Hyperion has reported a 39% increase in year-on-year earnings per share for its fourth quarter ended 30 June due to a strong focus on operating margins. [Local Hyperion rep: Global Technology Business Intelligence]
AST Group incurred a headline loss of 10.15c a share for the year to 30 June, compared with earnings of 20.08c the previous year.
The bidding for JSE-listed Softline appears to be over, with the Ferrer consortium deciding not to make a higher offer than the R2 tabled by UK-based Sage Group.