CNET Investor: Linux firm Caldera reports loss | Linux Today

CNET Investor: Linux firm Caldera reports loss

Written By
SS
Stephen Shankland
Aug 23, 2000

“Caldera Systems, one of a handful of publicly traded Linux
companies, beat estimates today with a narrower-than-expected
loss.”

The company reported a loss of 19 cents per share, not as
deep as the 25 cents expected by analysts surveyed by First
Call/Thomson Financial. The company had revenue of $1.2 million for
the three months ended July 31, a modest 9 percent better than the
$1.1 million the same quarter last year.

“The company’s net loss for the quarter was $7.5 million,
compared with $2.2 million last year, Caldera said. The company
attributed the net loss to “infrastructure investment, advertising
and marketing development and strategic development as well as
non-cash charges for the amortization of deferred
compensation.”


Complete Story

SS

Stephen Shankland

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