Xero and Bottomline Tech post net losses

Small business cloud accounting firm Xero and B2B payments and procurement firm Bottomline Technologies have each released their latest earnings reports this week. Xero pleased investors with a 48 percent spike in revenue for the first half of FY2017, but according to reports Thursday (Nov. 3), the good news was overshadowed by its nearly $19 million net loss for the period. Read more: pymnts.com