NETSUITE : 4Q STRONG DESPITE LOSSES

Zach NelsonNetSuite reported a wider loss on a 3.8 percent increase in revenue for the fourth quarter ended December 31. But the vendor of Internet-based business applications said that it was a good quarter with a record number of customers added and it hammered away at the theme that it is losing its smaller customers and replacing them with larger customers who pay the company more for products.

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