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NetSuite Q1 Edges Estimates; But Shares Sag In Late Trading

NetSuite this afternoon posted better-than-expected results for the first quarter. The provider of cloud-based ERP software posted revenue of $69.3 million, up 30% from a year ago, and ahead of the Street at $67.9 million. Non-GAAP profits of 6 cents a share topped the Street at 3 cents. The company said ?calculated billings,? which it ...
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