Bonum Certa Men Certa

Novell Results Are in: Net is Down Very Sharply (36%)

Sell Novell



FORECASTS [1] and waiting games [2] are both over. Novell's latest results are in and they are no better than the last quarter's (revealing that Novell operates at a considerable loss).

So first of all -- let's start with the good news. Novell employees needn't worry about Ron, who received a $6.9 million compensation plan for his 'wonderful' achievements. It was similar two years ago.



But what are these achievements? Driving the company to this?

Novell Inc.'s (NOVL) fiscal first-quarter net income fell 36% on sharply lower interest income as invoicing fell short of expectations.


Here are the earnings figures:

For the first quarter, the company reported earnings of $10.7 million, or 3 cents a share, compared with $16.8 million, or 5 cents a share, in the year-ago period.


Revenue is down too:

Novell reported net revenue of $215 million, compared to $231 million previous year. Ten Wall Street analysts expected revenues of $229.95 million.


This pretty much confirms what we already know about the layoff because the company must explain to investors what it will do next. Novell has already laid off at least 25 SUSE-focused employees. They would have cost about 25 x $70,000 = $1.75m to keep per year. So they could, in principle, work for 4 years with a good wage at the expense of that "compensation" for Ron Hovsepian. How does it feel to be shafted by the very same management that sold out to Steve Ballmer, who is already busy suing Linux [1, 2]?

“Did they learn nothing from those FAT patents?”Meanwhile, elsewhere inside the company, Novell is making .NET more popular. Did they learn nothing from those FAT patents? Is Novell just another Microsoft department now? One that's producing Windows software like NetWare and some Microsoft 'plugins' or Microsoft 'addons' for GNU/Linux (Mono, Moonlight)? For that task, Microsoft must be inside GNU/Linux, hence the alliance with Novell. They get to be inside SUSE, they have indirect membership in places like the Linux Foundation [1, 2, 3] and that's just the tip of the iceberg. They gag critics that way. Even Red Hat must keep polite now.

As a side note, since everyone is talking about TomTom at the moment, it's worth emphasising that this patent situation shows precisely what Microsoft might do with Mono and Moonlight and why it wants them inside GNU/Linux (Moonlight brings Mono with it to desktops like KDE). Novell increasingly focuses on Microsoft technologies. One of our readers said one hour ago that he tried "compiling mono from SVN on [his] gentoo box and it crashes with a sigsegv in the make process."

The reader claims: "I go ask at #mono (on the gnome irc network) and miguel says 'gentoo is eternally broken'."

That's nice. On the face of it, the only thing that's "eternally broken" is Novell. And to quote other people, “Novell Is bleeding to death.” ____

[1] The Outlook

Computer maker Dell Inc., retailer Kohl’s and software developer Novell Inc. of Waltham report quarterly financial results.


[2] Dell, Gap, Kohl's, Novell on earnings deck

Novell Inc., which provides open source software for businesses, is foreseen posting fiscal first-quarter earnings of 6 cents a share on revenue of $227.4 million. Its shares were up 1.2% at $3.34.

Comments

Recent Techrights' Posts

"We Might Save Somebody's Life"
I follow the example of my father
Gemini Links 16/07/2025: Tmux and OCC25 Working TLS
Links for the day
Reboots Should Never be Necessary
"BUT WHAT ABOUT SECURITY!!"
There's Still Hope for the World Wide Web
Let's hope that the trajectory of the Web won't be leading us to over-reliance on Google, nor will it reward worthless slopfarms
 
Links 16/07/2025: Fascist Slop Takes "Intelligence" Clothing, New Criminal Case Against MElon
Links for the day
Why I am Suing the Serial Strangler From Microsoft, Alex Balabhadra Graveley, in the UK High Court This Week
Out of respect to the process and to the Court, I shall not share any pertinent details about the case
Links 16/07/2025: China’s Economy Grows Steadily, France Takes Action Regarding Harm to Children by GAFAM and Fentanylware (TikTok)
Links for the day
It is Not About Politics
Beware the people who try to make this about politics
Good Journalism Saves Lives
a shocking number of women die or get seriously hurt every day due to violence from a partner
Recognition of Women's Contributions to Free Software
Being passive is not an option when bad things are happening
Slopfarms Are Going to Perish Because Public Opinion is Changing
Many slopfarms will simply go offline
19 Years of Standing Up for Justice, Equality, and Truth
This week we shall take it up a notch
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Tuesday, July 15, 2025
IRC logs for Tuesday, July 15, 2025
Links 15/07/2025: LLM Pollution and Pushback in Ukraine
Links for the day
Gemini Links 15/07/2025: xkcd, New Cert, and Alhena Gemlog
Links for the day
Links 15/07/2025: Press Freedom at Risk and New Facebook Blunders
Links for the day
Gemini Links 15/07/2025: Smolweb and Alhena 5.1.7
Links for the day
The Danes Want GNU/Linux
David Heinemeier Hansson recently moved to GNU/Linux
Cory Doctorow Explains Why Software Freedom Matters, Whereas "Open Source" Misses the Point and Helps Monopolies
It's a very long article
BillPR (EpsteinGate-Bribed NPR) is Turning Into a Partial Slopfarm that Promotes Slop
"I went on a date with a chatbot!"
Two Weeks Passed Since Latest Large Wave of Microsoft Layoffs, More Expected Next Month
Blaming the debt on "AI" is just self-serving storytelling
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Monday, July 14, 2025
IRC logs for Monday, July 14, 2025
Gemini Links 15/07/2025: Gemini "Style Sheets" and Switching From Microsoft GitHub to Codeberg
Links for the day
Coming Soon: Another OSI Scandal, This One Implicating Molly de Blanc
OSI has been fairly quiet lately
Outreachy & Debian pregnancy cluster, Meike Reichle evidence
Reprinted with permission from Daniel Pocock
Again, "Lunduke is Actually Sending His Audience to Attack People"
Microsoft Lunduke is not trying to "protect" Linux
XBox is Rapidly Turned Into a Slopfarm by Microsoft
Slop isn't about efficiency and saving money
One of the Most Hilarious Things About the Microsoft SLAPPs
It's so ridiculous
Financial Support for the Free Software Foundation or the GNU Project
The FSF has extended until Friday its fund-raising campaign
Illegally Hiding (or Demanding Secrecy Around) Illegal Requests or Attempts at Extortion
unlawful communications like threats
Microsoft's Halloween Documents and systemd, Wayland, Etc.
Maybe one day Wayland will be widespread. Or maybe not.
Gemini Links 14/07/2025: BOFH Archive, Updating Old Palm PDAS, and Nginx vs Slop Bots
Links for the day
Ubuntu is Becoming GAFAM-Like
What does that say about Canonical and Ubuntu?
Slopfarms Which Take Real Articles About GNU/Linux and Turn Them Into Copycats Which Are False
Even before the LLM hype those were quite common
The Firm That Picks on Techrights is Accustomed to Working With Criminals
Techrights never did anything illegal. So why is it being picked on by people who work with criminals?
Microsoft Said the Mass Layoffs Were for "Investment" in "AI", But It's Also Laying Off the "AI" and "Copilot" Staff
Months ago we showed many so-called "AI" people were getting the boot and this time it's the same
DryDeadFish is Dead, Long Live DryDeadFish
We kept checking, hoping it can recover from some temporary technical issue
For Quite Some Time Already Microsoft Attracts Crackpots, Scams, and More
Occasionally we talk about the situation at IBM as there are many parallels
Links 14/07/2025: Chatbots Broken Again, McHire LLM Shows Limits of the Hype
Links for the day
Changing One's Name Won't Change One's Past
People who have earned a bad reputation are not magically "entitled" to reset
People Who Assault Women Are Not Victims of "Distress"
It seems like an American tradition. In a country with almost 50 presidents, not even one was a female.
Slashdot Media Turned Linux Journal Into a Slopfarm and Now Slashdot Actively Promotes Anti-Linux Slopfarms
Yes, "no-nonsense" apparently means actual nonsense
Adoption of Gemini Protocol Still Growing
Gemini Protocol is being obscured by the media - it doesn't help that Google 'hijacked' the word "Gemini" - but people still manage to find out about it, download a client, and use it
Links 14/07/2025: Arresting Photographers, Threats to Revoke US Citizenship Over Criticism
Links for the day
More EPO Leaks on the Way
We hope that Mr. Rowan will actually try to refute what we say and show, not merely point the finger at the messengers
Decommodification is a Corporate Strategy Against Communities
systemd is led by Microsoft and hosted by Microsoft
copyleft.org 'Hijacked' by the People Who Attack the Person Who Created Copyleft
So far there's nothing "tasteless" in copyleft.org, but that can change at any time in the future
Asking People to Take Down Articles and Videos Only Makes These More Popular and "Viral"
If you do something bad, one of the worst things you can possibly do it try to silence those who speak about it
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Sunday, July 13, 2025
IRC logs for Sunday, July 13, 2025
Two-Thirds Towards FSF Goal, Richard Stallman to Give Talks in Europe
There are 67 left before reaching the target
Brett Wilson LLP "Takes it Personal" (Character Assassination, Not Professionalism). Everybody Can See That.
On behalf of violent men
Gemini Links 14/07/2025: Politicised Tech and "Leaving GitHub"
Links for the day