Xero’s chief executive says the ASX-listed accounting software company has increased its investment in the United States to drive global growth, after delivering a narrow miss on its full-year earnings.
Shareholders and analysts are looking for evidence that Xero’s pace of growth is picking up in North America – which makes up around 7 per cent of its sales – after two years of improving the software for US customers under a new leadership team led by Sukhinder Singh Cassidy.
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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com
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