| Novell profit surpasses analyst projections |
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Novell, which is transplanting Linux into the core of its software product line, on Tuesday reported surpassing analyst profit expectations for a quarter boosted by a legal settlement with Microsoft.
Excluding the $448 million from Microsoft and some other unusual items, Novell had net income of $10 million, or 3 cents per share, for the company's first fiscal quarter of 2005, which ended Jan. 31. That marks a 9 percent decline compared to $11 million for the year-ago quarter and an average expectation of 2 cents per share among analysts surveyed by Thomson First Call.
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