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Novell's second quarter results
Novell has announced its second quarter financial results - a small profit. "During the second fiscal quarter 2006, Novell reported total Open
Platform Solutions revenue of $57 million, which was up from $20 million in
the year ago period. Total Open Platform Solutions included $46 million
from sales of Open Enterprise Server (OES), up $38 million year-over-year,
and $10 million of revenue from Linux Platform Products, up 20 percent
year-over-year."
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Novell's second quarter results Posted Jun 1, 2006 8:25 UTC (Thu) by philips (guest, #937) [Link] Can any one put it simple: are they okay?
I understand words "20% up" but the over all health of Novell is still unclear to me. Specifically how Novell changed since the spin off.
Novell's second quarter results Posted Jun 1, 2006 19:47 UTC (Thu) by echodots (guest, #15103) [Link] Let's put it this way, they'll survive till next quarter. They've gained a little profit this year, by comparison to last year's numbers. The next quarter will be "survivable" also because they sold Celerant for $77 million. Personally, I think it's Novell's luke warm sales staff (althought they have to contend with Redhat's AND Microsoft's strong Sales Forces in the market place).
Cross your fingers and hope they learn how to market and sale quickly!
A Novell common stock share holder,
JamesG
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