Xero says customer sales rise 79% in first 9 months of its financial year

Sun, 01 Feb 2015

By Tina Morrison Feb. 2 (BusinessDesk) - Xero, the cloud-based accounting firm, said customer sales are tracking 79 percent ahead of the year earlier in the first nine months of its financial year, in line with its revenue growth forecasts. The Wellington-based company had $83.9 million of receipts from customers in the nine months ended Dec. 31, up from $46.7 million in the year earlier period, it said in a statement. In the third quarter ended Dec. 31, receipts rose 81 percent to $32.5 million from the same quarter a year earlier, it sa...

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