Novell reports financial Results for first fiscal quarter of 2007

[Posted March 2, 2007 by cook]

Novell, Inc. has announced its first quarter financial results for 2007. "For the first fiscal quarter 2007, Novell reported net revenue of $230 million, compared to net revenue of $242 million for the first fiscal quarter 2006. The loss available to common stockholders from continuing operations in the first fiscal quarter 2007 was $20 million, or $0.06 loss per common share. This compares to income available to common stockholders from continuing operations of $4 million, or $0.01 per diluted common share, for the first fiscal quarter 2006."

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