internetnews.com: Novell's Big Linux Year
May 26, 2004, 23:30 (3 Talkback[s])
(Other stories by Sean Michael Kerner)
"What a difference a Linux strategy can make.
"A year after launching its Linux support with Netware 7 and six
months after acquiring SUSE Linux, networking software maker Novell
is seeing the fruits of its strategy pan out.
"The company's net income in its second fiscal quarter was $10.4
million (although overall it lost 4 cents per share), compared to a
net loss of $28.6 million a year ago. Revenues rose by 6 percent to
$293 million in the period ending April 30th.
"Though analysts were expecting stronger results, the difference
from a year ago is stark for Novell, whose proprietary, Unix-based
Netware products were being eroded in part by the advance of Linux
at the time..."