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NetSuite Posts Loss Of $3.7 Million In 1Q

NetSuite Inc., San Mateo, CA, a vendor of on-demand, integrated business management software suites, reported sales for the first quarter of 2009 totaled $41.6 million, 22% higher than the first quarter of 2008.  The company recorded a net loss of $3.7 million for the quarter.
Revenue from the Americas for the first quarter of 2009 was $33.6 million, while revenue from international regions was $8.0 million.

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