{
  "id": 19565284,
  "title": "Xero revenue surges, but profit slumps following Melio acquisition",
  "url": "https://urgent.news/2026/11/11/xero-revenue-surges-but-profit-slumps-following-melio-acquisition",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T22:19:17.000Z",
  "source": {
    "name": "RNZ Business",
    "slug": "rnz-business",
    "url": "https://www.rnz.co.nz/news/business/2552207/xero-revenue-surges-but-profit-slumps-following-melio-acquisition"
  },
  "original_language": "en",
  "account": null,
  "summary": "Accounting software company Xero's revenue has surged, but profit has slumped following its acquisition of US payments business Melio, as the company announces a A$1 billion share buyback.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}