Feeds

'Competition' squeezes SCO's third quarter

Legal fees down

Internet Security Threat Report 2014

The SCO Group saw its business ebb away during the third quarter, as both revenue and sales continued their steady migration southwards.

The Linux litigant recorded an increased net loss of $3.6m for the three months to July 31 compared to $2.2m, on total revenue that fell 20 per cent to $7.4m. SCO reported an increased loss per diluted share of $0.17, compared to $0.13 in the same period last year.

Revenue from SCO's Unix business dropped 22 per cent to $6.2m, while SCOsource revenue from licensing dipped 3.1 per cent to $31,000. Cough.

Chief executive Darl McBride blamed SCO's dwindling results on competition to its Unix products. He stressed SCO is "moving forward" on Unix solutions and mobile software.

The one bright spot for SCO? Legal costs associated with SCO's Charge of the Light Brigade style action against IBM are down. The lawyers cost SCO a mere $2.3m for the quarter, down from $3.08m in the third quarter of 2005 and $3.7m for the second quarter of 2006.®

Beginner's guide to SSL certificates

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
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
prev story

Whitepapers

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.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.