RSS
Логотип
Баннер в шапке 1
Баннер в шапке 2

Results of NetSuite 2009: growth of revenue and losses

width:200px

05.02.10, 19:00, Msk

NetSuite revenue for 2009 increased by 9% to 166.5 million dollars. However and losses of the company for last year increased approximately by one and a half times and made 23.3 million dollars.

The NetSuite company, software developer, provided "on demand", published results of 2009 which came to the end on December 31, 2009. Revenue of the company made 166.5 million dollars that is 9% more in comparison with 2008 (152, 5 million dollars). Net loss in 2009 made 23.3 million dollars in comparison with a loss in 15.9 million dollars in 2008.

Revenue and the profit (losses) of NetSuite for the last year (one million dollars)

In the fourth quarter 2009 the company purchased 295 new clients. Revenue in the territory of America in the fourth quarter made 35 million dollars while beyond its limits - only 8.0 million dollars.

Structure of operating expenses of NetSuite for the last year (one million dollars)


According to CEO NetSuite of Zach Nelson, in a year when at many competitors sales were reduced, NetSuite achieved record financial results. The tenth year of existence of the company began distribution of the business applications based on "cloud computing". the 2010th year promises NetSuite rather quite good results as the companies continue transfer process of the business applications from the client-server architecture of the 90th years on the solutions NetSuite which in the basis have the principle of "cloud computing".