NetSuite Misses on Revenue; Oracle Deal Still Iffy

It appears investors aren’t overly concerned by NetSuite’s (NYSE: N) recently announced third-quarter results, nor by the uncertainty surrounding its agreement to be acquired by Oracle (NYSE: ORCL) for a cool $9.3 billion. The $243.9 million in revenue NetSuite reported was a 26% jump year over year, and its non-GAAP (excluding one-time items) earnings soared to $0.20 per share, well above Q3 2015’s $0.03 per share. …read more

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Category: N, ORCL

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