NetSuite Inc. (NYSE: N), San Mateo, CA, reported sales for the second quarter of $74.7 million, an increase of 29 percent over the prior-year period. The software provider reported a loss of $9.9 million, compared to a loss of $9.8 million in the same quarter last year.
For the first six months, sales were $144 million, up 29.4 percent over the first six months of 2011. NetSuite reported a loss of $17.6 million for the first half, compared to a year-ago loss of $17.5 million.
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