In Short: Novell's Good Quarter - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Software // Enterprise Applications

In Short: Novell's Good Quarter

Novell continues to reap the rewards from its Linux investment, reporting last week second-quarter net income of $10.4 million, up from a $28.6 million loss in the same quarter a year ago. Revenue was up 6% from a year ago to $293.6 million. The quarter was Novell's first since acquiring SuSE Linux AG.

Company officials attribute much of the rebound to providing customers with a clear migration message. Novell chairman and CEO Jack Messman said in a conference call, "People ... are now finding they don't have to move off of NetWare" to go to Linux. (For more on Novell, see "Taking Stock: Novell's Linux Focus Could Lead To Growth.")

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Commentary
AI Regulation: Has the Time Arrived?
John Edwards, Technology Journalist & Author,  2/24/2020
News
Fighting the Coronavirus with Analytics and GIS
Jessica Davis, Senior Editor, Enterprise Apps,  2/3/2020
Slideshows
IT Careers: 10 Job Skills in High Demand This Year
Cynthia Harvey, Freelance Journalist, InformationWeek,  2/3/2020
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
IT Careers: Tech Drives Constant Change
Advances in information technology and management concepts mean that IT professionals must update their skill sets, even their career goals on an almost yearly basis. In this IT Trend Report, experts share advice on how IT pros can keep up with this every-changing job market. Read it today!
Slideshows
Flash Poll