Reuters: Novell Profit Down, Shares Fall 6 Percent | Linux Today

Reuters: Novell Profit Down, Shares Fall 6 Percent

Written By
Web Webster
Web Webster
Mar 3, 2006

“Software company Novell Inc. on Thursday posted lower quarterly
net income from a year ago when it received a $448 million net gain
related to a settlement with Microsoft Corp.

“Novell shares also fell nearly 6 percent after the company
offered a profit outlook for the current second quarter that was
below the average Wall Street forecast…”


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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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