CRN | Breaking News | Novell 3Q Profits Fall 92 Percent: "Sales of Novell's products -- which includes its flagship NetWare network server operating system -- fell to $290.2 million from $304.6 million in the year-ago period. New software licenses during the period fell to $45.6 million from $57 million last year. The company said currency exchange rates boosted revenue by about $4 million, but did not affect net income.
...
'While we were profitable this quarter, we still have improvements to make in our business which will lead to cost reductions,' said Jack Messman, chairman and chief executive, in a statement. The company did not outline cost-cutting plans in a press release. "
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.