Reuters: Novell Posts Profit | Linux Today

Reuters: Novell Posts Profit

Written By
Web Webster
Web Webster
Nov 19, 2004

“Novell Inc. on Thursday posted a quarterly net profit, compared
with a year-earlier loss, on stronger sales of Linux operating
software and a boost to earnings from a weaker dollar.

“Excluding charges, Novell’s profit was at the high end of Wall
Street expectations. But the company, which does not give detailed
financial forecasts, cautioned that it expected 2005 to be ‘another
rebuilding year’ as it shifts away from its reliance on sales of
older networking software…”


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Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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