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NetSuite's sweet earnings

Posted Feb 11th 2009 3:20PM by Tom Taulli (RSS feed)
Filed under: Earnings Reports, Next Big Thing

One of the leaders in web-based business applications – NetSuite (NYSE: N) – posted its Q4 results yesterday. And, while the recession is a drag, the company was still able to keep up its momentum.

Quarterly revenues increased 30.5% to $41.4 million, with 350 new customers (the total is now at 6,600). In fact, the company generated non-GAAP net income of $0.01 per share or $534,000.

Continue reading NetSuite's sweet earnings

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