He claimed the company has an 80-percent win rate against both Sage and Great Plains and 75 percent against SAP's Business By Design which he said "is already losing steam in the market place" And outside of calling competitors' products dead and archaic, he said some negative things about them. The company lost $7.7 million on a GAAP basis, virtually unchanged from a year earlier. Revenue for the most recently ended quarter was $69.3 million, a rise of 30 percent from $53.4 million. Non-GAAP net income was $4.1 million, a 116-percent increase over $1.9 million in 2011. CFO Ron Gill said there would not be much change in the average selling price for products this year, compared to the large rise a year earlier. However, NetSuite is continuing to hire sales people to reach enterprise-sized companies. Nelson said the company added about 20-percent quota carrying capacity in the first quarter and that would probably increase by 60 percent for 2012. He also said that channel sales represented about 40 percent of new sales.