In Short: Novell's Good Quarter - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Software // Enterprise Applications

In Short: Novell's Good Quarter

Novell continues to reap the rewards from its Linux investment, reporting last week second-quarter net income of $10.4 million, up from a $28.6 million loss in the same quarter a year ago. Revenue was up 6% from a year ago to $293.6 million. The quarter was Novell's first since acquiring SuSE Linux AG.

Company officials attribute much of the rebound to providing customers with a clear migration message. Novell chairman and CEO Jack Messman said in a conference call, "People ... are now finding they don't have to move off of NetWare" to go to Linux. (For more on Novell, see "Taking Stock: Novell's Linux Focus Could Lead To Growth.")

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
News
Top 10 Data and Analytics Trends for 2021
Jessica Davis, Senior Editor, Enterprise Apps,  11/13/2020
Commentary
Where Cloud Spending Might Grow in 2021 and Post-Pandemic
Joao-Pierre S. Ruth, Senior Writer,  11/19/2020
Slideshows
The Ever-Expanding List of C-Level Technology Positions
Cynthia Harvey, Freelance Journalist, InformationWeek,  11/10/2020
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
Why Chatbots Are So Popular Right Now
In this IT Trend Report, you will learn more about why chatbots are gaining traction within businesses, particularly while a pandemic is impacting the world.
Slideshows
Flash Poll