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NetSuite Shares Rise on Record Q4 Sales —

Shares of cloud software company NetSuite are rising sharply after hours as the company reported record earnings and sales for its fiscal fourth quarter. Earnings per share were 6 cents higher than the consensus view of 4 cents, on sales of $85 million, up 33 percent over the year-ago quarter. Total revenue for the year was $308 million, up 31 percent. NetSuite shares rose nearly 8 percent to $75.81 in after-hours trading on the news.


Categorised as: Chief Digital Officer | Digital Media | Feedster

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