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Wind River Profits Down, But Linux Bookings Soar

“Wind River’s 4Q 2008 earnings results showed expected revenue
growth to $84.3 million and a net loss of $2 million. However,
Linux bookings were up 66 percent, with Linux expected to deliver
$150 million in revenue for fiscal 2009, about 41 percent of the
company’s projected $365 million total.

“Overall fiscal year 2008 revenues were $328.6 million, up 15
percent from $285.3 million for fiscal year 2007. The $84.3 million
revenues for the quarter ending January 31st were on the low side
of the Linux tools company’s own downgraded projection of $84-$86
million issued during its last earnings report…”

Complete
Story