| SCO revenue takes a tumble |
|---|
| | | |
| Publication: | CNET | Date: | Jun 10 2004 |
The SCO Group reported lackluster second-quarter results on Thursday, with revenue falling across its three divisions and its loss from operations widening.
SCO, which is embroiled in a number of lawsuits over Unix intellectual property, reported revenue at the low end of its earlier forecast range and missed expectations by the one analyst that follows the company.
During the second quarter, which ended April 30, SCO generated $10.1 million in revenue, compared with $21.4 million in the year-ago period.
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