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Novell muddles through fiscal Q4 (The Register)

Novell muddles through fiscal Q4 (The Register)

[Announcements] Posted Dec 3, 2010 21:20 UTC (Fri) by ris

The Register covers at Novell's financial results. "Novell didn't do too badly in Q4, all things considered, with sales only down 4.2 per cent to $206.5m. Software license sales were $31.3m, down a smidgen from the year-ago quarter. Maintenance and subscription sales were off 4.2 per cent, mirroring license declines, at $153.3m, and services revenues fell by 9.7 per cent to just under $22m. In the quarter, Novell booked $308m in non-cash tax benefits related to "certain net deferred tax assets," which would have been interesting to explain."

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