Page 7 - Firstwave Cloud Technology News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Cutting its net loss after tax down to $10.6 million.

FirstWave CEO quits after lack of support for FY22 plan FirstWave CEO quits after lack of support for FY22 plan John Grant will assume interim leadership responsibilities while the provider looks for a new permanent CEO. Neil Pollock (FirstWave) Credit: FirstWave Neil Pollock has tendered his resignation from publicly listed cloud security provider FirstWave Cloud Technology as its CEO over his plan for the financial year ahead. According to a FirstWave spokesperson, Pollock decided to leave FirstWave due to not being able to garner enough support for his plan for the...

Firstwave escapes the worst of last year's COVID-19 disruptions Losses after tax fall 2.8 per cent $6.4 million for half year 2021 Credit: Dreamstime Firstwave Technology has started seeing improvements to its ongoing losses as it tells shareholders its operations saw little impact from the coronavirus pandemic during the last half year.  The publicly listed cloud security company saw its losses after tax fall 2.8 per cent $6.4 million despite ongoing investment in its security platforms for the period ended 30 December 2020.  Firstwave claimed it was able to seamlessly switch...

And Back Again Indications that the GameStop game had blown itself out on Wall Street was enough for bargain hunters to hit the Australian market yesterday for fear of missing out. But for a couple of sectors, it was a “buy everything” session. It was a week ago when the ASX200 suddenly plunged from a prior closing level of 6781, and yesterday the index closed at 6824. A 90 point rally at the peak gave way to only 60 points, suggesting a few of last week’s early movers locked in short term profits in the afternoon. The banks were the major drivers, rising 1.5%. This time healthcare was...

Last night on Wall Street provided indication the short squeeze may be over. Dow up 475. (Available for non-subscribers after 10am)