Drury downplays sluggish customer growth in Xero's US market
Xero reduced its cash burn and its net loss in the six months ended September but growth in the United states remains sluggish.
Jenny Ruth
Thu, 03 Nov 2016
Accounting software company Xero added just 15,000 US customers in the six months ended September, taking the total to 77,000.
In the same six months last year, Xero added 12,000 US customers and it added 15,000 in the six months ended March this year.
By contrast, Intuit added 116,000
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly
credit card debit
Premium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly
credit card debit
Premium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly
credit card debit
Premium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly
credit card debit
Yearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Thu, 03 Nov 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.