Seeking Alpha

NetSuite Inc. beats by $0.01, beats on revenue

  • NetSuite Inc. (N): Q4 EPS of $0.08 beats by $0.01.
  • Revenue of $115M (+35.3% Y/Y) beats by $3.64M.
  • Press Release
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Comments (1)
  • sl100
    , contributor
    Comments (112) | Send Message
     
    Its up just because of 2 things they cloud and fidelity holding big stake this company may not be there in 3-5 years. Cloud companies will not make money except for MSFT, ORCL, IBM etc as they will use subscription model to generate rev/profit while . small ones are going away they do nto have the capital or profits to growth other than debt. NO large company will go for it they will have they own private cloud.

     

    Next set of hacking of data stealing will be on the cloud because it all in one place in the cloud.
    30 Jan 2014, 10:08 PM Reply Like
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