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The Register: Novell Looks to Linux to Pull It Out of the Red

Nov 21, 2003, 19:00 (0 Talkback[s])
(Other stories by John Leyden)

"Novell yesterday posted increased quarterly losses on lower revenues but promised its strong commitment to open source will bear fruit over the next year.

"For the fourth quarter ending October 31, Novell produced revenues of $287 million compared to revenues of $300 million in Q4 2002 and $283 million in Q3 2003. Net loss in Q4 2003 was $109 million, including $130 million in non-recurring charges (earnings before bad stuff were $19 million). This compares to a net loss of $92 million for the same period last year..."

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