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Linux gains temper Novell losses

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A 77% increase in revenues from its SuSe Linux products has helped Novell narrow its losses for its latest quarter to $3,42-million, a 48% improvement on the $6,5-milion it lost during the same period last year.

Revenue for the quarter increased to $243,1-million compared to $236,3-million last year, with $22-million coming from Novell's Open Platform Solutions. Of this $22-million, $21-million was from Linux products – an increase of 77%.
The Utah-based company was also keen to point out revenues booked for the quarter with Linux invoicing earning $38-million (up 98%); Identity and Access Management up 2% at $27-million; System and Resource Management up 4% to $35-million: with the Workgroup operations the only business showing a loss – down 2% to $83-million.
"We are encouraged by our Linux performance and the market's continued enthusiasm for our desktop to data centre strategy," says Ron Hovsepian, CEO of Novell. "In addition, we are pleased with our operating margin expansion and progress on our strategic initiatives."
Revenue for the full financial year is expected to be between $924-million and $955-million.