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NetSuite Strives For Verticals – Reports Another Loss and Average Annual Per Customer Revenue of $38,000

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Netsuite reported earnings yesterday (read the entire Netsuite earnings call transcript here).

San Mateo, California-based NetSuite reported a quarterly net loss of $6.5 million, or 10 cents per share, compared with a year-earlier loss of $4.5 million, or 7 cents.

Revenue at NetSuite rose 4 percent to $43 million which largely met analyst expectations.

Some interesting items from the call. Read the rest of this entry »

Written by Wayne Schulz

February 5, 2010 at 7:14 am