Novell publishes quarterly figures
In the first fiscal quarter of 2010, which ended on the 31st of January, Linux distributor Novell achieved a net revenue of $202 million. The vendor's net revenue in the first quarter of the previous year was $215 million. The income from operations was reported to be $21 million, compared to $14 million in the same quarter of last year. Novell's net profit increased from $11 to $20 million.
Novell CEO Ron Hovsepian was particularly pleased with the business progress in the "Security, Management and Operating Platforms" area, which reported a continuous growth of 26%. This business unit also covers the vendor's Linux business. Previously a separate unit, the "Open Platform Solutions" area was merged with the "Identity and Security Management" and "Systems and Resource Management" units to form the "Security, Management and Operating Platforms" unit on the 1st of January, 2010.
- Novell Reports Financial Results for First Fiscal Quarter 2010, Novell press release.
- Novell and Citrix to collaborate on virtualisation, a report from The H.