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Bytes Technology

  • Bytes Technology warns on increased cyber risk as profit jumps

    Markets

    Bytes Technology has warned of the increased risk of cyber threats as the Leatherhead-based business reported a jump in profit. The software supplier has upped the risk level of potential cyber threats to “increase” on its list of emerging risks, adding that it made the move “because of evolving and elevated global risk to IT [...]

    Harrods and the Co-op did not have cyber insurance policies in place
  • Bytes Technology: NHS and HMRC contracts help lift profit as dividend hiked

    Tech

    IT provider Bytes Technology has posted an uptick in income and operating profit as new and existing clients invest in their software. In its half year results for the six months ended 31 August, Bytes said gross invoiced income jumped by 13.7 per cent to £1.2bn, largely driven by software and from public sector contract [...]

    However, British company Bytes said hardware fared worse, leading to a 2.9 per cent drop in revenue, which dipped from £108.7m to £105.
  • Bytes Technology raises dividend as it looks to turn page on scandal

    Tech

    It comes as Bytes is trying to close the book on a misconduct scandal involving its long-standing former boss, Neil Murphy.

    The City of London skyline
  • Bytes Technology plunges as chief resigns after failing to disclose company share trades

    February 21, 2024

    The chief of Bytes Group is stepping down amid revelations that he made a number of trades in the company's shares without disclosing them.

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