Arik Hesseldahl

Recent Posts by Arik Hesseldahl

NetSuite Earnings Up 192 Percent in Q2

Shares of cloud business software provider NetSuite are surging as the company just reported second-quarter results that beat expectations. Non-GAAP earnings were six cents a share, beating the consensus of four cents, while revenues at $74.7 million were ahead of the consensus of $73.4 million. Net earnings were $4.8 million, up 192 percent. NetSuite shares rose by $3.26, or more than 6 percent, to $52.68 a share in after-hours trading.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik