Netsuite (N) Tops Q3 EPS by 2c

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NetSuite (N) to Benefit From Shift Toward Cloud

October 26, 2012 12:45 PM EDT

NetSuite (NYSE: N) continues to benefit from a shift in buying patterns away from on-premise software and towards the cloud, according to analysts at Nomura Securities. Commenting on the companys recent earnings report, analysts noted billings growth of 34 percent, reflecting ongoing robust demand.... More