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NetSuite Inc. Message Board

  • onebase onebase Apr 29, 2013 9:37 AM Flag

    NetSuite where is the beat?

    On Feb 21 NetSuite Inc announced that for Q1 of 2013, it expects revenue in the $90.5 million to $91 million range and non-GAAP EPS from $0.02 to $0.03. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.04 for the first quarter of 2013. The high revenue estimate for Q1 was $95.6. NetSuite missed Q1 high revenue estimate buy $4M, more then 4%. Of course, if you are an analyst or a manager of Other Peoples Money you'd rather focus on the $600K beat of their own lowered revenue guidance just 5 weeks before Q1 end. As for a beat by $0.01 of their own lowered EPS there is just one comment: DESPERATE MANIPULATION

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