Novell Reports a Loss, But Linux Revenue Up 69%
Dec 14, 2007, 01:45 (40 Talkback[s])
(Other stories by Matt Asay)
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"There are positives and negatives to take away from Novell's
earnings call. On the negative side, the company's restructuring
costs may jump as high as $70 million, up from the $25 to $35
million the company had originally suggested. Also, Novell reported
a net loss in the quarter of $17.9 million, or 5 cents a share,
versus a year-ago profit of $21.2 million, or 5 cents a share.
"That's the bad news..."