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Two More SCO Happenings

Mar 03, 2004, 15:00 (10 Talkback[s])
(Other stories by Sam Varghese)

Sydney Morning Herald: Perth Firm Files Complaint Against SCO with ACCC

[ Thanks to Leon Brooks for this link. ]

"Perth-based open source company CyberKnights has lodged an official complaint with the Australian consumer watchdog against the SCO Group Australia and New Zealand.

"The complaint, sent to the Australian Competition and Consumer Commission today by the firm's director, Leon Brooks, claims that SCO's 'unfounded' statements about software around which CyberKnights has based its business, and its 'claims for an additional licence fee of typically AUD$999 per computer' was causing the Perth firm financial loss..."

Complete Story

Yahoo!: The SCO Group Announces First Quarter 2004 Results

"# The SCO Group, Inc. (Nasdaq: SCOX - News), owner of the UNIX operating system and a leading provider of UNIX-based solutions, today reported revenue of $11,392,000 for the quarter ended January 31, 2004. In the comparable quarter of the prior year, the Company generated revenue of $13,540,000. Revenue for the first quarter of fiscal 2004 was in line with the Company's expectations, and was comprised of $11,372,000 from UNIX products and services and $20,000 from SCOsource initiatives.

"For the first quarter of fiscal year 2004, the Company reported a net loss applicable to common stockholders of $2,253,000, or $0.16 per diluted common share. The Company reported a net loss applicable to common stockholders of $724,000, or $0.06 per diluted common share, in the comparable quarter of the prior year. The net loss applicable to common stockholders for the first quarter of fiscal year 2004 was reduced by $3,624,000 of income resulting from the change in fair value of the derivative associated with the Company's previously issued Series A Convertible Preferred Stock. The loss from operations for the first quarter of fiscal year 2004 was $5,169,000 compared to a loss of $738,000 for the comparable quarter in the prior year. The loss from operations for the first quarter of fiscal year 2004 includes costs of $3,440,000 related to the Company's SCOsource licensing initiatives. These initiatives had not yet commenced in the comparable quarter of the prior year..."

Complete Story

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