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Xero American Users Up 200 Percent

xeroXero says the number of users of its cloud-based accounting software in North America hit 18,000 when its fiscal year ended on March 31. That's up from 6,000 at the end of fiscal 2013. Meanwhile, revenue for New Zealand-based company on the continent reached about $2.8 million, an increase of 154 percent over the prior year.

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