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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