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Xero Uses Rising Revs to Grow

Friday, 24 April 2015

News

Xero saw an 81-percent increase in subscription revenue for the year ended March 31. But the New Zealand-based cloud accounting software company reported this week that its loss rose by 96 percent as the company chose to focus on growth. Xero also said its U.S.-based CFO Doug Jeffries has resigned after eight weeks on the job.

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