Netsuite (N) Tops Q3 EPS by 1c

Netsuite (NYSE: N) reported Q3 EPS of $0.03, $0.01 better than the analyst estimate of $0.02. Revenue for the quarter came in at $192.8 million versus the consensus estimate of $193.39 million.

"NetSuite posted another great quarter following years of great quarters as we grew revenue year-over-year by 34 percent, our thirteenth consecutive quarter of more than 30 percent year-over-year revenue growth. Looking across all technology sectors - hardware, software and platforms - if you are a tech company that wasn't born on the Cloud as NetSuite was, you are in a world of trouble," said NetSuite CEO Zach Nelson.

For earnings history and earnings-related data on Netsuite (N) click here.

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