| Caldera reports loss, reverse stock split |
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Caldera International, one of the few publicly traded Linux companies, reported a loss of $11 million on revenue of $17.9 million for its fiscal first quarter of 2002, which ended Jan. 31.
Orem., Utah-based Caldera, which sells a version of Linux and two versions of Unix, also said it expects shareholders to approve a 1-for-4 reverse stock split. Such moves are typically undertaken to prevent delisting from regulated stock markets. Caldera warned in September that its low stock price threatened the company with delisting from the Nasdaq market.
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