Feeds

Novell profits vanish in Q3

Linux biz plods along

Intelligent flash storage arrays

Novell still looks like the little engine that can't after reporting a drop in third quarter revenue and income.

The software maker posted revenue of $290m - down from $305m in the same period last year. Not good. Add to that a stunning fall in net income to $2m from $24m in last year's third quarter, and the company's financials fail to inspire.

Novell, however, continued to celebrate its Linux business in light of the lackluster results.

"Customers continue to embrace Novell's Linux and identity solutions," said Jack Messman, CEO of Novell. "We were particularly pleased with our initial penetration of the Chinese market where Linux is an attractive technology for government and commercial users. . . . While we were profitable this quarter, we still have improvements to make in our business which will lead to cost reductions." During the third quarter, Novell pulled in $44m from Linux-releated sales, including $31m off Open Enterprise Server and $8m off subscriptions to SuSE Linux Enterprise Server (SLES). Subscriptions to SLES hit 28,000 over the three months. Hardly the stuff dreams are made of.

In the same period last year, Novell reported Linux revenue of $12m on the back of 19,000 sales of SLES.

Shareholders ignored Novell's more than 90 per cent year-over-year profit drop to send shares 3 per cent higher during Friday's trading. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
4chan outraged by Emma Watson nudie photo leak SCAM
In the immortal words of Shaggy, it wasn't me us ... amirite?
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.