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.


Latest Video

View all videos »

Search »

Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work