Xero guards its cards as it braces for coronavirus impact

Fri, 15 May 2020

Xero said its business took a hit in March and April from the coronavirus crisis but it won't provide any hard numbers for those months. Chief executive Steve Vamos said the company had acknowledged subscriber additions were low in March and that the crisis would impact its current-year results but that was as far as he would go. "It's just so early in the fiscal year … it's not information we think is going to be helpful," Vamos told BusinessDesk. "The business environment we're going to operate in is going to change globally almost e...

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