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Novell Reports Financial Results for Fourth Fiscal Quarter and Full Fiscal Year 2007.
- Article from:
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PR Newswire
- Article date:
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December 13, 2007
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- Fourth fiscal quarter 2007 product revenue grew 10 percent year-over-year, led by 69 percent Linux Platform Products revenue growth
- Achieved non-GAAP adjusted operating margin of 8 percent for fourth fiscal quarter 2007
WALTHAM, Mass., Dec. 13 /PRNewswire-FirstCall/ -- Novell, Inc. today announced financial results for its fourth fiscal quarter and full fiscal year ended Oct. 31, 2007. For the quarter, Novell reported net revenue of $245 million, which excludes $6 million of revenue from its Swiss-based business consulting unit, which Novell agreed to sell during the quarter. This compares to net revenue of $234 million for the fourth fiscal quarter 2006. The loss ...