"Enterprise software vendor Novell (NASDAQ: NOVL) fell short of
its guidance for the third fiscal quarter of 2010, missing its
financial projections with both revenues and income declining.
"For the quarter, Novell reported revenue of $199 million, a
decline of 8 percent from the third quarter of 2009. The company
reported net income of $16 million, or $0.04 per share, dipping
from the $17 million Novell posted in the third quarter of
"Analysts polled by Thompson Reuters had expected revenue of
$200.2 million and earnings of 7 cents per share. In its own
third-quarter guidance the company had projected revenues between
$205 and $210 million."
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