Feeds

Novell yawns its way to modest Q2

Linux makes NetWare stronger

  • alert
  • submit to reddit

Intelligent flash storage arrays

A lackluster second quarter inspired some lackluster comments from Novell management today.

Novell reported revenue of $294m for the period ended 30 April. This compares to revenue of $276m in last year's quarter. The slight increase in revenue helped Novell shrink its quarterly loss. Novell reported a loss of $15m in the most recent quarter compared to a loss of $29m in the same period one year ago.

Was Novell management thrilled with the quarter? Not quite. Executives, however, were "encouraged."

"In the quarter, Novell showed continued improvement in its financial performance during what is still a challenging market environment for the IT industry," said Jack Messman, CEO at Novell. "We are encouraged that NetWare-related revenue in the quarter declined only 2 percent from the year ago period, or a 5 percent decline after adjusting for foreign currency effects. This figure compares to the prior year's decline rate in NetWare-related revenue of 12 percent, after adjusting for foreign currency effects. We believe this slowing of the rate of NetWare-related revenue decline reflects a favorable response from our customers to our Linux strategy."

Most major vendors have pointed to an overall improvement in IT spending, so it's a bit weird for Novell to call out a "challenging" market. But any weirdness can be explained by the limbo Novell finds itself in as it tries to move from a NetWare past to a Linux future. The purchases of SuSE and Ximian along with IBM's $50m investment are meant to carry Novell to the lead of open source software. ®

Related stories

Novell opens GPL bridge to MS Exchange
Novell debuts open source toolkit for .NET
Novell channel man speaks
Novell eats own dog food, moves to Linux on desktop
Novell loves Linux (true)
Novell announces SuSE Linux 9.1

Internet Security Threat Report 2014

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.