NetSuite Inc., San Mateo, CA, vendor of on-demand, integrated business management software suites for mid-market enterprises and divisions of large companies, reported sales for the third quarter ended Sept. 30, 2008, were $40.4 million, a 44% increase over the same period a year ago.
The company recorded a net loss of $1.7 million, compared with a loss of $1.2 million in the prior-year period. The company recorded $874,000 in net foreign exchange rate losses in the third quarter. Excluding the losses, the net loss was $826,000.
Revenue from the Americas for the third quarter of 2008 was $33.2 million, while revenue from international regions outside of the Americas was $7.2 million and now comprises 18% of total revenue. NetSuite added more than 300 new …
NetSuite Sales Up 44% in 3Q
NetSuite Inc., San Mateo, CA, vendor of on-demand, integrated business management software suites for mid-market enterprises and divisions of large companies, reported sales for the third quarter ended Sept. 30, 2008, were $40.4 million, a 44% increase over the same period a year ago.
The company recorded a net loss of $1.7 million, compared with a loss of $1.2 million in the prior-year period. The company recorded $874,000 in net foreign exchange rate losses in the third quarter. Excluding the losses, the net loss was $826,000.
Revenue from the Americas for the third quarter of 2008 was $33.2 million, while revenue from international regions outside of the Americas was $7.2 million and now comprises 18% of total revenue. NetSuite added more than 300 new …
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