Xero held its first half loss even at roughly $32 million for the first half ended September 30. Revenue for the New Zealand-based cloud software company rose to just under $100 million, up 48 percent from last year's corresponding period. Perhaps the most important numbers are the increase of subscribers since March 30.

Blackbaud has reported double-digit increases for both net income and revenue for the third quarter on September 30. CEO Mike Gianoni said during this week's earnings webcast it was a "solid third quarter, positioning us well to finish the year and achieve our 2016 financial guidance, which we updated to increase the cash flow component."

Dave McGee, a founder and partner of NXTurn, has joined The Vested Group. Both organizations are NetSuite resellers. McGee was with NXTurn, which is based in Fort Lauderdale, Fla., from April 2012 through April 2016 and joined the new employer last month. NxTurn is headed by executive director and CTO Tony Hill and executive director and CFO Julie Fitzpatrick. The Vested Group is based in Plano, Texas.