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NetSuite Inc. (NYSE: N), San Mateo, CA, reported full-year sales for 2012 of $308.8 million, an increase of 30.7 percent over 2011. The software provider reported a net loss of $35.2 million for the year, compared to a 2011 loss of $32 million.
Sales for the fourth quarter were $85 million, an increase of 32.6 percent compared to the same period a year ago. Net loss was $9.6 million, compared to a net loss of $7.6 million in 2011's fourth quarter.