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Xero Pares Loss, Doubles Revenue

Tuesday, 29 November 2011
News

xero-logoXero, which makes web-based accounting applications for small businesses, has gotten a lot of buzz in the American market but isn't yet a force here. However, the New Zealand company says it is ramping up infrastructure to support 1 million end users. That came as it narrowed its loss while more than doubling revenue for the six months ended September 30.

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