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
Related Stories: