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  | 
Email This  | 
Print  | 
RSS
More Insights
Copyright © 2019 UBM Electronics, A UBM company, All rights reserved. Privacy Policy | Terms of Service