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CNET Investor: Linux firm Caldera reports loss

Aug 23, 2000, 12:26 (0 Talkback[s])
(Other stories by Stephen Shankland)

"Caldera Systems, one of a handful of publicly traded Linux companies, beat estimates today with a narrower-than-expected loss."

"The company reported a loss of 19 cents per share, not as deep as the 25 cents expected by analysts surveyed by First Call/Thomson Financial. The company had revenue of $1.2 million for the three months ended July 31, a modest 9 percent better than the $1.1 million the same quarter last year."

"The company's net loss for the quarter was $7.5 million, compared with $2.2 million last year, Caldera said. The company attributed the net loss to "infrastructure investment, advertising and marketing development and strategic development as well as non-cash charges for the amortization of deferred compensation."

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