Business

Mass. Movers

Demandware’s revenue surges; stock, too

Tom Ebling is CEO of the Burlington company, a provider of enterprise cloud commerce solutions.

Suzanne Kreiter/Globe staff/2012

Tom Ebling is CEO of the Burlington company, a provider of enterprise cloud commerce solutions.

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Demandware Inc. reported a quarterly loss, but it was smaller than expected and revenue came in at $24.5 million, up 31 percent from a year earlier. Subscription revenue was $22.6 million, up 39 percent. “The strong momentum we saw in the first half continued in the third quarter,” said CEO Tom Ebling. Net loss for the quarter was $6.3 million, or 20 cents per share attributable to common stockholders, versus a net loss of $3.5 million, or 12 cents per share, a year earlier.

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