% | $
Quotes you view appear here for quick access.

NetSuite Inc. Message Board

  • onebase onebase May 2, 2013 9:18 AM Flag

    NetSuite 10-Q revelations

    Amount of net gain recognized in income on derivative, Foreign exchange contracts: $442K, Revenue earned from related party: $594K. Total: $1.03M
    Average analysts revenue estimate was $90.9M Beat was a meager $0.7M achieved by a "timely" related party transaction and a forex contract manipulation.

    10-Q Items conveniently avoided on conference call presentation

    1. We experience competitive pricing pressure...
    2. We expect product development expenses to increase...
    3. We expect our sales and marketing expenses to increase...
    4. We expect our general and administrative expenses to increase...
    All expenses are growing at much higher rate then revenue, from 30% to 100%!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
75.9825-0.7575(-0.99%)2:50 PMEDT