Arik Hesseldahl

Recent Posts by Arik Hesseldahl

NetSuite Shares Rise on Record Q4 Sales

Shares of cloud software company NetSuite are rising sharply after hours as the company reported record earnings and sales for its fiscal fourth quarter. Earnings per share were 6 cents higher than the consensus view of 4 cents on sales of $85 million, up 33 percent over the year-ago quarter. Total revenue for the year was $308 million, up 31 percent. NetSuite shares rose nearly 8 percent to $75.81 in after-hours trading on the news.


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There was a worry before I started this that I was going to burn every bridge I had. But I realize now that there are some bridges that are worth burning.

— Valleywag editor Sam Biddle