Xero's CEO says it still has a cautious future in the US

Thu, 16 May 2019

By Jenny Ruth May 17 (BusinessDesk) - Xero’s chief executive still sees a future for the accounting software company in the US but he’s careful to dampen expectations of what’s possible. Yesterday’s results showed Xero had 195,000 customers in North America at March 31, up 48 percent from 132,000 a year earlier. The incumbent it is challenging in the United States, Intuit, doesn’t report its third quarter results until next week but it had 3.9 million subscribers to its online QuickBooks product at Jan. 31, of which 2.9 million were in...

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