NetSuite Announces Second Quarter 2016 Financial Results

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Netsuite (N) Tops Q2 EPS by 5c

July 28, 2016 9:08 AM EDT

Netsuite (NYSE: N) reported Q2 EPS of $0.08, $0.05 better than the analyst estimate of $0.03. Revenue for the quarter came in at $230.8 million versus the consensus estimate of $230.58 million.

Cash flows from operations were $36.7 million in the second quarter of 2016, a 53% increase over... More