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Latest news: Earnings

Tech giant's shares slide after 'software-mageddon'

Tech giant's shares slide after 'software-mageddon'

Shares in Atlassian, Australia's biggest tech company, have fallen to the lowest level since early 2019 amid a huge rout in the software-as-a-service sector.

Property website's listings fall, shares tumble

Property website's listings fall, shares tumble

Property website's listings fall, shares tumble

Property website's listings fall, shares tumble

Realestate.com.au owner REA group has grown its first half revenue and profit, despite a six per cent fall in its digital property listings.

Crocodiles in the moat: media giant lays out AI defence

Crocodiles in the moat: media giant lays out AI defence

Crocodiles in the moat: media giant lays out AI defence

Crocodiles in the moat: media giant lays out AI defence

News Corp, which owns news media, publishing and multiple data and information assets, has set guardrails against AI theft as it looks to a strong second half.

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Global grain glut pushes growers toward self-storage

Global grain glut pushes growers toward self-storage

A global oversupply of grain continues to weigh on the earnings of one of Australia's biggest handlers, as growers opt to keep their product on-farm.

Resources tipped to win another wild earnings season

Resources tipped to win another wild earnings season

Fund managers are expecting more dramatic swings this reporting season, with mining companies likely to do particularly well given the boom in commodities.

Ozempic-style drugs prove to be 'a tailwind' for Resmed

Ozempic-style drugs prove to be 'a tailwind' for Resmed

Resmed has beaten expectations with $2 billion in second-quarter revenue and says weight loss drugs are actually boosting sales, rather than hurting them.

Record production oils the wheels of Woodside shares

Record production oils the wheels of Woodside shares

Woodside Energy shares have risen 2.7 per cent after the energy giant beat production guidance and fourth-quarter revenue forecasts.

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Santos lifts output, sales as first Barossa cargo loads

Santos lifts output, sales as first Barossa cargo loads

Santos lifts output, sales as first Barossa cargo loads

Santos lifts output, sales as first Barossa cargo loads

An Australian oil and gas giant has posted stronger production and revenues despite weaker commodity prices, as two long-awaited projects ramp up.

Fortescue breaks iron ore output record, but costs drag

Fortescue breaks iron ore output record, but costs drag

Fortescue breaks iron ore output record, but costs drag

Fortescue breaks iron ore output record, but costs drag

One of Australia's biggest miners has broken a production record, but operating costs and one project's underperformance has underwhelmed investors.

Geopolitics an earning gem for Aussie rare earths miner

Geopolitics an earning gem for Aussie rare earths miner

Geopolitics an earning gem for Aussie rare earths miner

Geopolitics an earning gem for Aussie rare earths miner

Global supply constraints and trade tussles are benefiting Australia's largest rare earths miner, helping nearly double the commodities group's price in a year.

BHP shares dip as overspend outweighs record production

BHP shares dip as overspend outweighs record production

BHP shares dip as overspend outweighs record production

BHP shares dip as overspend outweighs record production

Shares in the world's biggest mining company are down despite high commodity prices and multiple record production beats due to a multibillion-dollar blowout.

Beyonce now a billionaire, according to Forbes

Beyonce now a billionaire, according to Forbes

Beyonce now a billionaire, according to Forbes

Beyonce now a billionaire, according to Forbes

Forbes magazine says Beyoncé has joined her husband Jay-Z and Taylor Swift among an exclusive club of celebrity billionaires.

U-turn: Ford takes $US19.5b hit, retreats from EVs

U-turn: Ford takes $US19.5b hit, retreats from EVs

U-turn: Ford takes $US19.5b hit, retreats from EVs

U-turn: Ford takes $US19.5b hit, retreats from EVs

Ford is backing away from plans to manufacture large electric vehicles, citing lacklustre demand.

Nvidia results beat estimates amid AI bubble jitters

Nvidia results beat estimates amid AI bubble jitters

Nvidia results beat estimates amid AI bubble jitters

Nvidia results beat estimates amid AI bubble jitters

Chip giant Nvidia beat Wall Street's expectations for revenue and upcoming sales, easing fears about AI spending that have jolted the US stock market recently.

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Xero shares sink to 15-month low despite revenue growth

New Zealand-based cloud accounting software company Xero has grown revenue by 20 per cent and delivered $278 million in free cash flow.

CommBank shares drop despite $2.6b quarterly profit

Australia's biggest company has posted its financial results for the quarter, but despite improving on most metrics, it still looks too dear to most investors.

Westpac admits dropping ball on state bank customers

Overpriced mortgage products at its state-specific subsidiaries have contributed to Westpac losing market share, despite solid growth in customer deposits.

Workers threatened with weapons as retail crime spikes

Retail crime is worsening with a drastic number of Bunnings and Kmart workers threatened with violence every month, parent company Wesfarmers says.

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Coles puts heat on Woolworths with strong sales growth

Supermarket giant Coles continues to take market share from key rival Woolworths, posting stronger quarterly sales growth than its bigger competitor.

'Eye off the ball': Woolies lays blame for limp results

A string of "distractions" are the reason why Woolworths failed to deliver for shareholders, the company's leaders say.

Auto parts dealer Bapcor's shares slump to decade low

Bapcor says it's identified "historic poor operational practices" in its trade division that will result in a $12 million hit to its bottom line.

Lovisa CEO denies misconduct allegations at Smiggle

Billionaire businessman Solomon Lew has made sensational allegations against the fired CEO of his back-to-school chain Smiggle, who is now the boss of Lovisa.

Kathmandu, Rip Curl owner slumps to huge full-year loss

The owner of Kathmandu, Rip Curl and Oboz footwear, KMD Brands has posted a statutory loss of $105 million - its worst result in at least a decade.

Myer's troubled robotic warehouse costing it dearly

Myer shareholders won't see a final dividend after its full-year profit took a 30 per cent hit, driven by costly issues with a robotic warehouse.

Crunch time for Star despite narrowing full-year loss

Uncertainty continues to swirl around Star Entertainment Group's future after the struggling casino operator posted another significant full-year loss.

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