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

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
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...

More Markets

Jarden says Skellerup 'most exposed' to Trump's tariffs
Markets

Jarden says Skellerup 'most exposed' to Trump's tariffs

US President Donald Trump's sweeping global tariffs, announced on Thursday, are expected to have devastating consequences not only in the US but also in New Zealand.In a note on Friday morning, Jarden analysts Guy Hooper and Nick Yeo predicted that NZX-listed Skellerup looks...

Wall Street reels as Trump’s plan sinks markets
Markets

Wall Street reels as Trump’s plan sinks markets

The president’s sweeping tariffs proved far more severe than investors predicted.

Trump’s tariffs may spur a more dovish RBNZ
Economy

Trump’s tariffs may spur a more dovish RBNZ

The risk appears more weighted to the RBNZ cutting the OCR further than otherwise.