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Technology
Life360 Shares (ASX: 360) Drop 8.5% Following CEO's Stake Sale
November 18, 2024 04:10 PM AEDT| By Team Kalkine MediaHighlights:,Life360 shares (ASX: 360) fall 8.5% after CEO Chris Hulls sells part of his stake.,Hulls now holds a 3.8% stake in the company, down from a higher holding.,Despite today's losses, Life360’s stock has surged 181% year-to-date, outpacing th...
Xero Ltd (ASX: XRO) Set for Best Weekly Performance Since March, Stock Flat on Day
November 15, 2024 12:41 PM AEDT| By Team Kalkine MediaHighlights:,Xero Ltd (ASX: XRO) on track for its best weekly performance since March, fueled by strong earnings.,Analysts raise price targets for Xero, with Jarden lifting its target to A$177 and Citi to A$198 per share.,Xero stock up 52.2% YTD, main...
Catapult Group's Impressive Growth and Strategic Expansion in Sports Technology
November 14, 2024 05:40 PM AEDT| By Team Kalkine MediaHighlights,Catapult Group’s focus spans wearable tech and video analytics for 100+ countries.,Revenue growth of 19% highlights its expanding subscription model.,Strong cash flow and innovative pipeline position Catapult as a leader in sports analytic...
Megaport (ASX:MP1) Shows Signs of Recovery Despite Past Losses
November 14, 2024 05:12 PM AEDT| By Team Kalkine MediaHighlights,Megaport's shares surged 18% in the past week.,Long-term investors face a 62% decline in share value over three years.,Revenue has grown significantly, despite minimal earnings.,Megaport Limited (ASX:MP1), a network-as-a-service provider k...
IODM (ASX:IOD) Experiences Three-Year Decline Amid Revenue Growth
November 14, 2024 04:52 PM AEDT| By Team Kalkine MediaHighlights,IODM records a 52% drop in share price over three years.,Recent one-week decline of 16% adds to shareholders' losses.,Revenue growth contrasts with stock performance, raising market concerns.,Investing in a diverse stock portfolio can some...
Catapult Group Reports Revenue Growth in 1HFY25 and Expands Leadership in Sports Technology
November 14, 2024 04:32 PM AEDT| By Team Kalkine MediaHighlights,19% Revenue Growth,: Catapult's revenue reached US$58 million, driven by high customer retention and rising subscriptions.,Innovative Sports Tech,: Catapult’s wearables and video analytics provide critical data insights for teams across 10...
Cobalt Blue Holdings Backs Tasmanian Government's New Initiative for Sustainable Mining
November 14, 2024 04:28 PM AEDT| By Team Kalkine MediaHighlights,Minerals Royalty Rebate Scheme,: Tasmania’s new scheme supports reprocessing of historic mine tailings and legacy mine reopening.,ReMine Plus Technology,: Cobalt Blue’s technology aims to extract valuable minerals while promoting environme...
Weebit Nano Shares Surge After Successful AU$50 Million Capital Raise
November 14, 2024 04:23 PM AEDT| By Team Kalkine MediaHighlights,6% Stock Increase,: Weebit Nano shares climb to $3.28, up 6% following funding announcement.,$50 Million Capital Injection,: Strong demand from domestic and international institutional investors.,Scaling Commercialisation,: Funds will boos...
Technology One (ASX:TNE): Strong Capital Returns Drive Optimism in the Software Sector
November 14, 2024 04:13 PM AEDT| By Team Kalkine MediaHighlights,Technology One has shown steady, high returns on capital.,The company's return on capital employed (ROCE) consistently outperforms industry standards.,Technology One’s strategic capital reinvestment has significantly boosted its value over...
Revenue Growth Powers Xero's Strong Performance in First Half of FY 2025
November 14, 2024 03:36 PM AEDT| By Team Kalkine MediaHighlights,Xero achieves a 51% boost in EBITDA for the first half of FY 2025.,Operating revenue rises by 25%, reaching $996 million.,Free cash flow margin improves to 21%, showing robust financial growth.,Xero (ASX:XRO), a leading provider of account...
Xero Shares Reach New Heights, Rising 5.7% to Hit Record $170.79 Following Strong Earnings Report
November 14, 2024 12:06 PM AEDT| By Team Kalkine MediaHighlights,Xero's shares soar to an all-time high of AU$170.79, marking a 5.7% increase driven by positive earnings results.,The company's half-year net profit after tax surged by 76% to NZ$95.1 million, fueled by strong revenue growth.,Year-to-date,...
Newgen Systems Welcomes cPacket Networks CEO to Australia, Highlighting Critical Role of Network Observability
November 13, 2024 06:30 PM AEDT| By EIN PresswireNewgen Systems brand logo Newgen Systems, welcomes Brendan O'Flaherty, CEO of cPacket Network to Australia during Cisco Live Melbourne 11 - 14 November. Interviews with Brendan available We're...
RocketBoots Limited Insider Stake Increase Reflects Confidence in Company’s Potential
November 13, 2024 03:48 PM AEDT| By Team Kalkine MediaHighlights,RocketBoots,insiders showed an increased stake over the past year.,Major insider purchase made by Naomi Lane, exceeding current share prices.,Insiders hold a significant 26% ownership in,RocketBoots,shares.,RocketBoots Limited (ASX:ROC) sa...
Can ClearVue and MGP Turn UK Buildings into Energy Hubs?
November 13, 2024 02:28 PM AEDT| By Team Kalkine MediaHighlights,ClearVue partners with UK’s MGP to merge solar and heated glass,tech.,Goal: Transform large buildings into energy-generating hubs,.,MGP to integrate ClearVue’s solar tech with heated glass in the UK.,ClearVue Technologies (ASX: CPV) has se...
WiseTech Global Faces Class Action Over 2020 Financial Guidance as Shares Rebound
November 13, 2024 01:06 PM AEDT| By Team Kalkine MediaHighlights,WiseTech Global faces a new class action lawsuit related to its 2020 earnings guidance and alleged misleading disclosures.,Shares of WiseTech dropped significantly in October but have since recovered to $133.21.,Law firm Phi Finney McDonal...
WiseTech Faces Class Action Over Earnings Guidance and Disclosure Claims
November 13, 2024 11:44 AM AEDT| By Team Kalkine MediaHighlights,WiseTech faces class action over alleged misleading guidance.,Class action claims continuous disclosure laws breached in 2020.,WiseTech plans to contest the allegations vigorously.,Australian logistics software giant WiseTech (ASX:WTC), is...
Life360 Shares See Mixed Reactions Following Q3 2024 Earnings Despite Strong User Growth
November 13, 2024 11:37 AM AEDT| By Team Kalkine MediaHighlights,Life360 shares fell over 5% early Wednesday before recovering slightly, following Q3 earnings that missed revenue expectations.,The company reported revenue of AU$92.9 million, with a significant rise in Monthly Active Users to 76.9 millio...
Nanoveu Showcases Benchmark Leadership in AI with ECS-DOT Chipset Performance
November 12, 2024 04:02 PM AEDT| By Team Kalkine MediaHighlights,Nanoveu,completes comprehensive AI testing on ECS-DOT chipset.,ECS-DOT chipset leads in energy-efficient AI applications for anomaly detection and keyword spotting.,Acquisition of EMASS enables integration with,Nanoveu’s,EyeFly3D platform....
Block Inc. Shares Surge Following Positive Market Response to Analyst Review
November 12, 2024 11:41 AM AEDT| By Team Kalkine MediaHighlights,Block Inc. experiences a surge in stock value following an analyst's review.,Block’s strong Q3 results add momentum to the positive market outlook.,Shares in,Afterpay,-owner Block,climb,over ten percent on ASX.,Block Inc. (ASX: SQ2), known...
Iress Faces Legal Dispute with ESSSuper Over Platform Services Agreement
November 11, 2024 11:08 AM AEDT| By Team Kalkine MediaHighlights,ESSSuper,has,initiated,civil proceedings against,Iress,.,Legal dispute focuses on an existing Platform Services Agreement.,Iress,provides financial software;,ESSSuper,supports Australian emergency service workers.,Iress (ASX:IRE), a leadin...
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