Yeah it's a shame that we need to second-guess the numbers, which is to some extent pointless. I figured that customer numbers must have grown at least by 14% if revenue did.
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Judged by todays price action didn't the market like the look of those numbers on Friday?
It's pretty pathetic volume, so I think it's more a fact that the company is just entering its limbo period between news cycles where people slowly start to take back some profits and the buyers dry up a bit. If they're hitting their growth rate (which it appears they are) then the story remains the same as it did 6 months ago.
Looks like the competitor struck a nerve with its super bowl ad.
Just beautiful
http://www.youtube.com/watch?v=xPzQaEENGes
Jeez Xero could have afforded a Superbowl ad with their $220m
mmm - I think over 85% of the superbowl veiwers would have 'switched off' mentally well before the end of the add.
If you are going to have an ad completely off topic, at least go funny: http://www.youtube.com/watch?v=zl0zw1YVZd4
Not a pretty sight looking at the size of my red arrow beside XRO on my portfolio,is there a prize for choosing the worst entry price?