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Novell Reports a Loss, But Linux Revenue Up 69%

Dec 14, 2007, 01:45 (40 Talkback[s])
(Other stories by Matt Asay)

"There are positives and negatives to take away from Novell's earnings call. On the negative side, the company's restructuring costs may jump as high as $70 million, up from the $25 to $35 million the company had originally suggested. Also, Novell reported a net loss in the quarter of $17.9 million, or 5 cents a share, versus a year-ago profit of $21.2 million, or 5 cents a share.

"That's the bad news..."

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