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NetSuite Q4 Profit Beats Estimates - Quick Facts

NetSuite Inc. (N), a provider of cloud-based financials / ERP and omnichannel commerce software suites, reported that its fourth-quarter net loss widened to $20.21 million or $0.27 per share, from a loss of $9.62 million or $0.13 per share, last year. Non-GAAP net income was $6.21 million or $0.08 per share, for the quarter.

On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $0.07 for the quarter. Analysts' estimates typically exclude special items.

Total revenue increased year-over-year to $115.01 million, from $85.01 million. Analysts expected revenue of $111.36 million, for the quarter.

by RTTNews Staff Writer

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