XERO CEO: EXECUTING WELL IN U.S
- Thursday, 10 September 2015
- News and Analysis
On the heels of hitting its lowest stock price in three years recently, Xero CEO Rod Drury cheerily told a radio interviewer that the company is executing well in the U.S. The stock hit $13 per share early this month, down from its all time high of $45 (New Zealand) in March 2014. Drury told RadioLive interviewer Andrew Patterson on September 6 the company will get to well over the $100 million U.S. when the year ends March 31. That's the threshold viewed as necessary for an American IPO.
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