Aarkstore.com - Novell Sheds Light On Profitability, But Continues To Disappoint

Sept. 14, 2009 - PRLog -- At the end of May 2009 Novell released its second fiscal quarter 2009 (ended April) results. Revenue growth was disappointing, but Novell disclosed that its business units that are not yet profitable be within 12–18 months.

Table of Contents :  
"EXECUTIVE SUMMARY
In a Nutshell
Continuing to let down
Revenues continue their downward slide
Starting at the end of fiscal 2008
Licensing revenues are particularly affected
Disappointment will continue
Profitability remains stable
A particularly good picture year-on-year
Novell continues to squeeze expenses out
OPS (Linux) and ISM are not profitable yet
One step further in transparency to reassure the market
ISM is getting (slightly) better and nearing the break-even point
Linux continues to grow, but will take longer to become profitable
The Microsoft partnership regains momentum, but remains a problem
SRM and Workgroup performed ‘below expectations’
SRM was the biggest disappointment
Revenues slowed despite multiple acquisitions
A bit of help is coming Novell’s way from a new partnership with ACS
Workgroup did not impress much either, despite new products
OES/Netware revenues continue their downward slide
Collaboration/GroupWise have performed particularly poorly
Sales and privatisation to come?

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