At Novell, Too Soon to Celebrate
Christmas came early for Novell (NOVL) this year. The British government's National Health Service has awarded the software company a $40 million contract. The biggest deal Novell has closed in recent history, it helped the outfit push past analyst expectations of $300 million in fourth-quarter sales, which instead totaled $320 million. It was the highest revenue quarter for Novell in years, crowed Chief Executive Jack Messman on the company's conference call.
Profits, however, were another story. Novell lost $5 million thanks to restructuring costs, vs. a profit of $15 million a year ago.
Yet the deal and relatively strong quarter gave the embattled CEO some much-needed good news. After the company's lackluster third-quarter results, Messman came under criticism from investors and analysts for lacking a technical vision, hoarding cash, and investing too heavily in its legacy businesses.
- Login or register to post comments
- Printer-friendly version
- 2938 reads
- PDF version
More in Tux Machines
- Highlights
- Front Page
- Latest Headlines
- Archive
- Recent comments
- All-Time Popular Stories
- Hot Topics
- New Members
digiKam 7.7.0 is releasedAfter three months of active maintenance and another bug triage, the digiKam team is proud to present version 7.7.0 of its open source digital photo manager. See below the list of most important features coming with this release. |
Dilution and Misuse of the "Linux" Brand
|
Samsung, Red Hat to Work on Linux Drivers for Future TechThe metaverse is expected to uproot system design as we know it, and Samsung is one of many hardware vendors re-imagining data center infrastructure in preparation for a parallel 3D world. Samsung is working on new memory technologies that provide faster bandwidth inside hardware for data to travel between CPUs, storage and other computing resources. The company also announced it was partnering with Red Hat to ensure these technologies have Linux compatibility. |
today's howtos
|
Recent comments
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago