Revenue rose to $41.7 million for the recently ended period, up from $40.4 million. CEO Zach Nelson told analysts on the conference call that "We are encouraged by improvement in most metrics." And he's right that these results beat some of the double-digit dips at companies selling on-premise software. Among the encouraging signs, Nelson reported was a decline in downsell, deals in which customers renew their subscriptions for a less than under the prior subscription. He also said that churn has stabilized, which represent customers who don't renew. Nelson did not quantify either. He also did not provide specifics for an improvement in upsell, those who renew for more services at a higher subscription rate. CFO Jim McGeever, also on the call, said the demand has stabilized and is increasing in some areas. The company continues to report strong sales of its OneWorld system, whose price averages around $100,000. NetSuite continues to lose customers who pay less than $10,000 a year and is very happy with that trend.