The GAAP loss of $37.7 million was 16.7 percent higher than the $32.3 million in last year's second quarter. But the revenue line grew much faster so the negative net margin improved. Non-GAAP income was $6.6 million for the June quarter, up sharply from $1.7 million in last year's corresponding period. Revenue for the most recently ended period was $230.8 million, up 30 percent from $177.3 million a year ago. Surprisingly, revenue from professional services and other was $50.6 million in the quarter, a rise of 39.1 percent over the prior year while subscription revenue of $180.2 million was not as good, up 27.9 percent. Oracle announced that the NetSuite deal would be immediately accretive to results and one observer with a knowledge of P&Ls said since NetSuite has never earned money, the only way that would be possible is with some large layoffs. One cynic commented "Being Oracle I will bet you they keep the high-end, $1-million-plus deal hunters and fire the midmarket and partner people." Well, we'll know when we get there.