| Novell reports 2nd quarter loss of $2M |
|---|
Novell Inc., a seller of networking software and services, reported a second-quarter loss after job cuts increased expenses. Excluding some costs, earnings topped analysts' estimates, boosting the shares in extended trading.
The net loss was $2.19 million, or 1 cent a share, compared with profit of $3.34 million, or 1 cent, a year earlier, Novell, based in Waltham, Mass., said in a statement Wednesday. Taking out some costs, the company had a profit of 5 cents a share, compared with an average estimate of 1 cent in a Bloomberg survey. Sales also topped estimates, rising 2.6 percent to $239.2 million in the period ended April 30.
|
![[ Register ]](/images/navbar/register.gif){kind=small}
![[ Applications ]](/images/navbar/applications.gif){kind=small}
![[ Documentation ]](/images/navbar/documentation.gif){kind=small}
![[ Distributions ]](/images/navbar/distributions.gif){kind=small}
![[ Download Info ]](/images/navbar/download.gif){kind=small}
![[ General Info ]](/images/navbar/geninfo.gif){kind=small}
![[ Book Store ]](/images/navbar/bookstore.gif){kind=small}
![[ Courses ]](/images/navbar/courses.gif){kind=small}
![[ News ]](/images/navbar/news.gif){kind=small}
![[ People ]](/images/navbar/people.gif){kind=small}
![[ Hardware ]](/images/navbar/hardware.gif){kind=small}
![[ Vendors ]](/images/navbar/vendors.gif){kind=small}
![[ Projects ]](/images/navbar/projects.gif){kind=small}
![[ Events ]](/images/navbar/events.gif){kind=small}
![[ User Groups ]](/images/navbar/usergroups.gif){kind=small}
![[ User Area ]](/images/navbar/user_area.gif){kind=small}
![[ About Us ]](/images/navbar/aboutus.gif){kind=small}
![[ Home Page ]](/images/navbar/homepage.gif){kind=small}
![[ Advertise ]](/images/navbar/advertise.gif){kind=small}
