CORRECT Xero adds 23k customers since September, expects to double annual sales

Thu, 07 Feb 2013

(Corrects to show customer growth starting in September) Feb. 7 (BusinessDesk) - Xero, the cloud-based accounting software firm, added more than 23,000 customers to its client list since September and says it's on track to double last year's $19.3 million in annual revenue. The Wellington-based company has more than 135,000 customers and monthly recurring revenue of almost $4 million, it said in a statement. That implies annual sales of some $48 million. Some 5,000 of the new clients were in Australia, where Xero this week extended its rang...

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