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internetnews.com: Novell's Big Linux Year

May 26, 2004, 23:30 (3 Talkback[s])
(Other stories by Sean Michael Kerner)


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"What a difference a Linux strategy can make.

"A year after launching its Linux support with Netware 7 and six months after acquiring SUSE Linux, networking software maker Novell is seeing the fruits of its strategy pan out.

"The company's net income in its second fiscal quarter was $10.4 million (although overall it lost 4 cents per share), compared to a net loss of $28.6 million a year ago. Revenues rose by 6 percent to $293 million in the period ending April 30th.

"Though analysts were expecting stronger results, the difference from a year ago is stark for Novell, whose proprietary, Unix-based Netware products were being eroded in part by the advance of Linux at the time..."

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