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Novell's Final Earnings Report?

Dec 04, 2010, 19:02 (0 Talkback[s])
(Other stories by Sean Michael Kerner)


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"In what may turn out to be Novell's final earnings report as a public company, revenues continued to fall as the company is set to be acquired.

"Enterprise software vendor Novell (NASDAQ:NOVL) is on the verge of being acquired for $2.2 billion by Attachmate. For its fourth quarter fiscal 2010, Novell reported net revenue of $207 million which is a decline from the $216 million in net revenue reported for the fourth fiscal quarter of 2009. Analysts polled by Thompson Reuters had expected revenue of $204.1 million. Novell declined to provide its own guidance at the end of the third quarter for the fourth quarter outlook."

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