R is for revenue: Vista slashes first-half loss with Deadpool & Wolverine smashing records

Deadpool & Wolverine, starring Ryan Reynolds and Hugh Jackman, is only the ninth film to open above US$200m (NZ$336m), Vista says. (Image: New York Times)

Rebecca Stevenson

Tue, 06 Aug 2024

Cinema software company Vista has slashed its loss by 68% to $2.7 million for the six months ended June 30. On Tuesday, the New Zealand Exchange-listed (NZX) tech company said it had delivered a significant improvement on the prior comparable period, with earnings rising by 188% to $7.2m. Vista reported a 9% rise in annual recurring revenue of $129.4m and overall revenue of $69.9m, in line with the same half of the prior year.Software-as-a-service revenue increased 20% on the first half of 2023 to $25.4m.It provided guidance for...

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