Feeds

Linux helps dampen Novell's losses

OS sales up 77 per cent year-over-year

Secure remote control for conventional and virtual desktops

Novell narrowed losses in the third quarter, bolstered by the SUSE Linux business beginning to pull more weight.

For the quarter ended July 31, Novell reports a net loss of $3.42m, a 48 per cent difference compared with a loss of $6.5m in the same quarter the previous year.

Excluding one-time items, Novell's income from operations totaled $16.1m, down from $23.8m year-over-year. Revenue increased to $243.1m from $236.3m the previous year.

Most of Novell's operation grew during Q3, with Linux leading the charge. During Q3, Novell reports $22m of revenue from Open Platform Solutions. $21m of that sum was from Linux products. This represents a 77 per cent revenue increase for the platform year-over-year.

Novell was also keen to show how much revenue it booked in the quarter: Linux invoicing earned $38m, up 95 per cent year-over-year. Revenue from Identity and Access management was $27m, up two per cent from the previous year. Systems and Resource Management brought in $35m, up four per cent over the previous year. Novell's Workgroup business is the lone unit to report lower revenues, two per cent loss to $83m in the same period a year ago.

"We are encouraged by our Linux performance and the market's continued enthusiasm for our desktop to data center strategy. In addition, we are pleased with our operating margin expansion and progress on our strategic initiatives," said Ron Hovsepian, CEO of Novell.

For the full fiscal year, the company expects to report net revenues between $924m and $955m, in line with prior guidance. For fiscal year 2006, Novell posted net revenue of $967m.

Novell expects to beat its previous guidance for adjusted income of between break-even and $10m. ®

Boost IT visibility and business value

More from The Register

next story
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Premier League wants to PURGE ALL FOOTIE GIFs from social media
Not paying Murdoch? You're gonna get a right LEGALLING - thanks to automated software
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
XBOX One will learn to play media from USB and DLNA sources
Hang on? Aren't those file formats you hardly ever see outside torrents?
Class war! Wikipedia's workers revolt again
Bourgeois paper-shufflers have 'suspended democracy', sniff unpaid proles
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
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.