Feeds

SCO's Unix and IP revenue dwindles

Q3 not kind

Beginner's guide to SSL certificates

Declining Unix revenue and falling "Mr Clean" sales continue to blight The SCO Group. During its third quarter, SCO posted just $9.4m in revenue - down from $11.2m in the same period last year. SCO then showed a net loss of $2.4m or a loss of 13 cents per share versus a net loss of $7.4m last year.

SCO now has $12.6m in cash and equivalents left to play with, along with $3.6m in an escrow account for its legal fees.

SCO's flagship Unix business accounted for $8m during the third quarter. That marks a massive drop from the $9m posted in the same period last year. The SCOsource - "we'll keep your Linux servers clean" - program performed much worse. Revenue dropped to, er, $32,000 from $678,000 in 2004. The market appears to be casting its lot in with IBM, Red Hat and Novell.

Major cuts have been made to SCO's marketing and R&D efforts as it tried to reduce overall expenses. Always the optimist, CEO Darl McBride spun a positive tale for the quarter.

"The third quarter was a productive quarter for SCO," he said. "Our Unix business operated profitably for the third consecutive quarter and we launched SCO OpenServer 6 which has received many favorable reviews and is showing traction with customers.

"Finally, we remain committed to pursuing our legal strategy in the courtroom and look forward to presenting our case in February 2007."

So do we.®

The next step in data security

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

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.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
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.