SCO Releases 3Q Results (Groklaw)
[Posted September 8, 2005 by cook]
Groklaw
covers the SCO third quarter financial results press release.
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The second paragraph says it all:
"Revenue for the third quarter of fiscal year 2005 was $9,353,000 as compared to $11,205,000 for the comparable quarter of the prior year. The decrease in revenue in the third quarter of fiscal year 2005 from the comparable quarter of the prior year was primarily due to continued competitive pressures on the Company's UNIX products and services and a decrease in SCOsource licensing revenue."
Oh, and this section of the forward-looking statements disclaimer:
"We wish to advise readers that a number of important factors could cause actual results to differ materially from historical results or those anticipated in such forward-looking statements. These factors include, but are not limited to, continued competitive pressure on its operating system products which could impact the profitability of the UNIX business, unforeseen legal costs related to our litigation, our inability to develop new products and services, and our inability to see our litigation through to its conclusion.""
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