|| ||Mandriva Team <return-AT-mandriva.com>|
|| ||Mandriva reports its 3rd Quarter results|
|| ||Tue, 18 Nov 2008 19:47:31 +0100|
Mandriva reports its 3rd Quarter results
Paris, November 18th 2008 - Mandriva today reported its financial and
operating results for the 3rd quarter 2008. Turnover for the quarter is
0.83 million Euros, trading revenue is 1.04 million Euros, costs are 1.67
million Euros and the operating loss is 0.64 million Euros.
Turnover and operating results, compared with the 3rd quarter 2007, were 29
per cent down, costs fell by 5 per cent. The company underlines the prudent
management of operating costs which fell by 5 per cent. Mandriva's
continuing operations reveal a loss of 1.17 million euros YTD . The trading
loss for the comparable period is down by more than 50 per cent.
Turnover was affected by lower-than-expected OEM trading which remains a
significant sector for short and mid-term development for Mandriva.
The OEM (Original Equipment Manufacturer) turnover represents 17 per cent
of the total, the business turnover comes to 64 per cent, and the Community
(Linux users) turnover makes up 19 per cent.
Mandriva Mini, a solution devoted to OEMs and ODMs (Original Design
Manufacturers), represents a major growth route.
Improvement actions include the distribution of the first Mandriva-based
Netbooks following the last road book schedule.
The business market saw the highly successful deployment of Pulse 2 across
18,000 machines which is currently being extended to 85,000 machines on
With more than 100,000 machines, Pulse 2 is the open source leader in
heterogeneous IT stock management. A large number of public and private
sector organisations in Europe, notably those having planned a migration to
VistaÂ® or Linux, have expressed an interest on Pulse 2.
The Community sector has seen new revenue growth through a system of
Mandriva Linux 2009 was launched in October and Mandriva Flash 2009 is
scheduled for release in December 2008.
About Mandriva Mandriva, formerly known as Mandrakesoft, is the publisher
of Mandriva Linux, an easy-to-use and innovative operating system. It is
one of the most popular Linux editions in the world. Dedicated to making
open source technologies accessible to all users, the company offers a full
range of products and services to individuals, enterprises and government
organizations. Mandriva products are available online in 80 languages and
in more than 140 countries through dedicated channels. Headquartered in
Paris, France, the company is publicly traded on the Euronext Marche
Libre. More information at http://www.mandriva.com
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