However, there were 241,000 subscriptions for QB Online sold in the quarter, up from 159,000 in the corresponding quarter of fiscal 2010 and 139,000 in the same quarter of fiscal 2009. In a previous earnings call, CEO Brad Smith said the QB Online business is coming from new users, not from the installed desktop user base. He did not address the issue this week. That report came as the company reported $73 million in net income from continuing operations, down from $80 million a year earlier. Last year's bottom line included $34 million from discontinued operations. Revenue of $878 million was up from $837 million for the compared quarters. The bottom line decrease resulted from increased operating expenses.