NETSUITE RESULTS DECENT CONSIDERING ECONOMY
- Thursday, 05 November 2009
- News and Analysis
NetSuite saw 24.5 percent increase in its loss on a 3.2 percent increase in revenue for the third quarter ended September 30. And while those results are decent, considering the economy, I'm not sure the company moved toward the tipping point for adoption of SaaS. The loss was just over $8 million, compared to $6.2 million for last year's corresponding period.
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