N Q4 Earnings Report Essay

Submitted By qyunhu
Words: 3335
Pages: 14
Open Document
Investor Relations Contact: Carolyn Bass Market Street Partners 415.445.3232 IR@netsuite.com

Media Contact: Mei Li NetSuite Inc. 650.627.1063 meili@netsuite.com

NETSUITE ANNOUNCES FOURTH QUARTER AND FISCAL 2012 FINANCIAL RESULTS
• • •

Record Q4 Revenue of $85.0 Million, a 33% Year-over-Year Increase Record 2012 Revenue of $308.8 Million, 31% Growth over Prior Year 2012 Operating Cash Flow of $54.3 Million, 50% Growth over Prior Year

SAN MATEO, Calif. - January 31, 2013-NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced operating results for its fourth quarter and fiscal year ended December 31, 2012. Total revenue for the fourth quarter of 2012 was $85.0 million, representing a 33% increase over the prior year. Total revenue for the year was $308.8 million, a year-over-year increase of 31%. Cash flow from operations was $13.4 million in the fourth quarter of 2012, an increase of $1.7 million, or 15%, over the same period last year. Cash flow from operations was $54.3 million for the year, an increase of $18.0 million, or 50%, over the prior year. On a GAAP basis, net loss for the fourth quarter of 2012 was $9.6 million, or $(0.13) per share, as compared to a net loss of $7.6 million, or $(0.11) per share, in the fourth quarter of 2011. GAAP net loss for the year ended December 31, 2012 was $35.2 million, or $(0.50) per share, as compared to a GAAP net loss of $32.0 million, or $(0.48) per share, in 2011. Non-GAAP net income for the fourth quarter of 2012 was $4.6 million, or $0.06 per share, as compared to non-GAAP net income of $3.4 million, or $0.05 per share, in the fourth quarter of 2011. Non-GAAP net income for the year ended December 31, 2012 was $19.1 million, or $0.26 per share, as compared to nonGAAP net income of $10.8 million, or $0.15 per share, in 2011. "In a year that saw Microsoft once again fail to deliver cloud-native ERP solutions, and in a quarter that saw SAP miss their most recent top- and bottom-line forecast as more large enterprises moved to the cloud, NetSuite delivered its best year ever," said NetSuite CEO Zach Nelson. "And we continue to put even more distance between us and our competitors with the introduction of new capabilities like NetSuite SuiteCommerce which transforms operational business systems into customer-facing commerce solutions."

Conference Call In conjunction with this announcement, NetSuite will host a conference call at 2:00 p.m. PST (5:00 p.m. EST) today to discuss the Company's fourth quarter and fiscal 2012 financial results, and our outlook for the first quarter and fiscal 2013. A live audio webcast and replay of the call, together with detailed financial information, will be available in the Investor Relations section of NetSuite's website at www.netsuite.com/investors. The live call can be accessed by dialing 888-663-2241 (U.S.) or 913-312-1486 (outside the U.S.) and referencing passcode: 4228229. A replay of the call can also be accessed by dialing 888-203-1112 (U.S.) or 719-457-0820 (outside the U.S.), and referencing passcode: 4228229. About NetSuite NetSuite Inc. is the industry's leading provider of cloud-based financials / Enterprise Resource Planning (ERP) software suites. In addition to financials/ERP software suites, NetSuite offers a broad suite of applications, including accounting, Customer Relationship Management (CRM), Professional Services Automation (PSA) and Ecommerce that enables companies to manage most of their core business operations in its single integrated suite. NetSuite's "real-time dashboard" technology provides an easy-touse view into up-to-date, role-specific business information. For more information about NetSuite, please visit www.netsuite.com. Cautionary Note Regarding Forward-Looking Statements This press release and NetSuite's scheduled conference call contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and
Show More

Related Documents: N Q4 Earnings Report Essay

Monsanto Company Annual Report 2012 Essay

Monsanto Company Annual Report 2012 Pg. 7 X Annual Report to shareholders with letter from Chief Executive Officer and SEC Form 10-K as part of the annual report to shareholders. Financial highlights 2nd and 6th page of the AR Management’s Discussion Pgs. 18-32 Income Statement Pg. 41 Balance Sheet Pg. 42 Statement of Change Pg. 44 Statement of Cash Flows Pg. 43 Chief Executive Officer Letter 3rd page of AR Notes to Finances Pg. 45 Report of Independent Accts Pg. 92 5 or 10 year summary…

Words 1207 - Pages 5

Accounting: Generally Accepted Accounting Principles and Heat Russia Distribution Essay

January-December 2011 The Interim Statement is based on the audited 2011 Financial Statements approved by the Board on 31 January 2012. Condensed consolidated income statement EUR million Note Q4 2011 Q4 2010 4 1,667 40 -659 -142 -155 -243 508 71 579 19 -78 13 7 -8 -66 532 -88 444 1,902 23 -910 -133 -147 -194 541 -220 321 21 -57 19 -8 -11 -57 285 -25 260 2011 2010 Sales Other income Materials and services Employee benefit costs Depreciation, amortisation and impairment charges Other…

Words 7021 - Pages 29

A Global Market Report On Global M & An Activity

A MERGERMARKET REPORT ON GLOBAL M&A ACTIVITY MONTHLY M&A INSIDER NOVEMBER 2014 INSIDE: GLOBAL OVERVIEW LATIN AMERICA NORTH AMERICA ASIA-PACIFIC EUROPE MIDDLE EAST & AFRICA ABOUT MERRILL CORPORATION & MERRILL DATASITE MERRILL CORPORATION CONTACTS Monthly M&A Insider | November GLOBAL OVERVIEW The value of global M&A deals through the end of October has surpassed aggregate 2013 numbers, further illustrating a trend that has been apparent all of 2014. Indeed, deal sizes have skyrocketed…

Words 7940 - Pages 32

Revenue-Recognition Problems in the Communications Equipment Industry Essay

auditors during the year-end financial review. The revision lowered revenues by $125 million and earnings per share by 2 cents from 18 cents. In response, Lucent’s stock price fell by 16%, to $17.56. One month later, on December 22, Lucent announced that after a more comprehensive review, revenues for the fourth quarter would need to be adjusted downward by $679 million, to $8.7 billion, and that earnings per share would be revised from the initially predicted 18…

Words 7379 - Pages 30

Essay about Linear Dividend

9-204-066 REV: FEBRUARY 11, 2004 MALCOLM P. BAKER ALISON BERKLEY WAGONFELD Dividend Policy at Linear Technology It was April 2003 and Paul Coghlan was pulling together his notes for Linear Technology’s board meeting the following day. As chief financial officer of the Silicon Valley semiconductor company, Coghlan was responsible for making a recommendation about whether or not Linear should increase its dividend this quarter. Coghlan and Linear’s CEO Robert Swanson were pleased with the…

Words 8038 - Pages 33

Revenue and Amp Capital Investors Essay

pgrading earnings following the FY13 result: We have upgraded our iiNet pre-amortisation NPAT by 1.5% in FY14, 4.2% in FY15 and 5.5% in FY16 following its FY13 result. 2% of the upgrades reflects a lower on-going tax rate for TransACT, the balance is operational upgrades. ■ IiNet getting its groove back. While the FY13 result was broadly in line with our forecast (underlying NPAT $56.1mn), we believe it revealed several important trends that indicate a much stronger earnings and cash flow story for…

Words 7786 - Pages 32

Collin Technologies Case Study Essay

2013 Collin Technologies Case Study Baldrige Performance Excellence Program National Institute of Standards and Technology (NIST) • United States Department of Commerce July 2013 To obtain Baldrige Program products and services, contact Baldrige Performance Excellence Program Administration Building, Room A600 100 Bureau Drive, Stop 1020 Gaithersburg, MD 20899-1020 Telephone: (301) 975-2036 Fax: (301) 948-3716 E-mail: baldrige@nist.gov Web: http://www.nist.gov/baldrige The Collin Technologies…

Words 33512 - Pages 135

Questions On Strategic Management

Chapter 1: Introduction of Company Profile 1.0 What is Strategic Management? Strategic management is a process for developing and enacting plans to reach a long-term goal that takes into account external environment (customer, competitors, and PESTLE) and internal environment (organization and Michael Porter’s 5 forces), ascertain organization achieve the highest possible level. (Susan Scribner) Usually, it is taken by strategic manager on behalf of business owner. It is a practice to rethinking…

Words 8262 - Pages 34

Essay on 32802493

For the exclusive use of S. SWAIN, 2015. 9-713-040 REV: SEPTEMBER 12, 2013 LAURA ALFARO HILARY WHITE Brazil’s Enigma: Sustaining Long-Term Growth Brazil prepares to take a new leap—to grow more and better. To make our model more robust and open in this new development cycle, we will incorporate a new word: competitiveness.1 —Dilma Rousseff On August 15, 2012, Dilma Rousseff, the president of Brazil, unveiled a new stimulus plan, aimed at injecting up to R$133 billion (US$66 billion) into the economy…

Words 14707 - Pages 59