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Enterprise Linux Today: Caldera Systems Reports Fourth Quarter and Fiscal 2000 Results

Dec 06, 2000, 23:05 (1 Talkback[s])

"40% Increase in Revenue Over Fiscal 1999 Launched By Growth in Services and Education."

"Caldera Systems, Inc. (Nasdaq: CALD), a "Linux for Business" leader, today reported revenue of $1.2 million for the three months ended October 31, 2000, a 34% increase over revenue of $874,000 for the comparable three months of the previous fiscal year. For the year ended October 31, 2000, revenue was $4.3 million compared to $3.1 million for the previous year, an increase of 40%."

"The primary growth in year-over-year revenue stems from services, education and training related revenue, which increased to $1.3 million in fiscal 2000 from $277,000 in fiscal 1999."

"The Company reported a net loss attributed to common stockholders for the three months ended October 31, 2000 of $6.9 million, or $0.18 per common share, compared with $4.5 million, or $0.17 per common share, for the comparable three months of the previous fiscal year. The net loss attributed to common stockholders for the year ended October 31, 2000 was $39.2 million, or $1.19 per common share, compared to $9.4 million, or $0.51 per common share, for the year ended October 31, 1999."

Press Release