And with VAR signings covered in another story in this newsletter, he said the channel is booming. “McGladrey had an incredible year,” Nelson continued. As to the numbers, non-GAAP net income rose to $4.6 million, a 35-percent increase from $3.1 million in last year’s corresponding period. The GAAP loss for the quarter rose to $9.6 million, up 26.3 percent from $7.6 million. Fourth-quarter revenue hit $85 million, a 33-percent rise from the fourth quarter of 2011. For the year, the GAAP loss was $35.2 million, up from just over $32 million in 2011. Revenue for the most recent year hit $308.8 million, up 31 percent from $236.2 million. NetSuite said the new deal size rose by 38 percent in the fourth quarter and by 21 percent for the year. The number of deals of more than $100,000 was 50-percent higher than in 2011.