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

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

More Finance

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025
Michael Lorimer exits Grant Samuel amid more sector change
Finance

Michael Lorimer exits Grant Samuel amid more sector change

Lorimer has sold his 80% stake in the corporate advisory firm.

Duncan Bridgeman 26 Jun 2025