12.21.07

Gemini version available ♊︎

Do-No-Evil Saturday – Part I: Novell’s Finance (An Optimistic Look Back)

Posted in Finance, GNU/Linux, NetWare, Novell at 10:41 pm by Dr. Roy Schestowitz

Looking back at last weekend, there’s this article from Jacqueline Emigh about Novell’s deal and its role in Novell’s poor results.

The Linux vendor partners with Microsoft in one respect and takes it head-on in another. This time, the results aren’t too pleasing as Novell suffers a small quarterly loss.

[...]

Also for the fourth quarter, Novell’s sales of identity and access management software stepped up 27 percent, to $30 million. Rising more modestly — at levels of five percent and 1 percent, respectively — were Novell’s revenues from systems and resource management software and workgroup software.

Motley Fool, a Microsoft-associated Web site, recommends buying NOVL.

In other and more material news, the company doesn’t see eye to eye with Mr. Market on the caliber of fiscal 2007. “We believe our financial results for the quarter and the full year are very positive and show great progress,” CFO Dana Russell said on the earnings call. Both non-GAAP earnings and sales came in above management guidance and Wall Street estimates.

BloggingStocks claims that Novell is still in transition mode, so faith must be kept. There’s talk about buybacks nonetheless.

However, with $1.3 billion in the bank — which represents more than half of Novell’s market cap — there will likely be pressure from investors, such as for buybacks.

Ovum says that Novell is focusing at profitability at the expense of growth. This might explain the looming (and misfortunate) layoffs.

It expects fiscal 2008 revenue growth to be flat, with revenue in the range of $920 to $945m, but ambitions to deliver non-GAAP annual operating margin of between 7% and 9% (up from 4% in fiscal 2007). It expects service revenue to keep shrinking as it completes the alignment of its services business with its four product business units, but anticipates higher margin product sales to make up for the loss.

ComputerWeekly quotes Ron Hovsepian for an optimistic perspective.

“We are pleased with our overall results for 2007. While undergoing transformational change, we grew revenue and exceeded our operating targets. We are on the right path to long-term, sustainable profitability,” said Ron Hovsepian, president and CEO of Novell.

Trading Markets seemed fairly neutral and balanced. It only delivered the figures.

Novell, Inc. (NASDAQ: NOVL), up .42% on 9 million shares, Friday 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 from operations for the fourth fiscal quarter 2007 was $13 million, compared to income from operations of $4 million for the fourth fiscal quarter 2006.

Motley Fool explained that Novell’s problem is mostly to do with its reliance on legacy products.

The stock chart here looks like Novell’s — except it’s magnified by higher volatility. The twosome have common goals in the market for Linux software, but Novell is buffered by the slowly decaying NetWare product line.

The big question remains: how quickly (if at all) can Novell grow its GNU/Linux and open source business?

Share in other sites/networks: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • email

Decor ᶃ Gemini Space

Below is a Web proxy. We recommend getting a Gemini client/browser.

Black/white/grey bullet button This post is also available in Gemini over at this address (requires a Gemini client/browser to open).

Decor ✐ Cross-references

Black/white/grey bullet button Pages that cross-reference this one, if any exist, are listed below or will be listed below over time.

Decor ▢ Respond and Discuss

Black/white/grey bullet button If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

DecorWhat Else is New


  1. [Meme] “Social Democracy” at the EPO

    Some comments on the current situation at the European Patent Office from Goran Gerasimovski, the new EPO Administrative Council delegate for North Macedonia and Social Democratic candidate for mayor of Centar (a municipality of Skopje)



  2. [Meme] António Campinos Visits the OSIM

    António Campinos visits OSIM Director-General Ionel Muscalu in February 2014



  3. [Meme] [Teaser] Meet the President

    Later today we shall see what Romania did for Battistelli



  4. Links 26/10/2021: Latte Dock 0.10.3 and Linux 5.15 RC7

    Links for the day



  5. Gemini Protocol's Originator: “I Continue to Care About This Project and I Care About the Community That Has Formed Around It.”

    'Solderpunk' is back from a long hiatus; this bodes well for Geminispace, which grew fast in spite of the conspicuous absence



  6. Bulgarian Like Bavarian Serfdom

    Bulgarian politics seem to have played a big role in selecting chiefs and delegates who backed Benoît Battistelli‘s unlawful proposals, which treat workers almost like slaves and ordinary citizens as disposable ‘collaterals’



  7. The EPO’s Overseer/Overseen Collusion — Part XXIII: The Balkan League - Bulgaria

    Today we examine the role of Bulgaria in Benoît Battistelli‘s liberticidal regime at the EPO (as well as under António Campinos, from 2018 to present) with particular focus on political machinations



  8. Links 25/10/2021: New Slackware64-current and a Look at Ubuntu Budgie

    Links for the day



  9. Links 25/10/2021: pg_statement_rollback 1.3 and Lots of Patent Catchup

    Links for the day



  10. Microsoft GitHub Exposé — Part III — A Story of Plagiarism and Likely Securities Fraud

    Today we tread slowly and take another step ahead, revealing the nature of only some among many problems that GitHub and Microsoft are hiding from the general public (to the point of spiking media reports)



  11. [Meme] [Teaser] Oligarchs-Controlled Patent Offices With Media Connections That Cover Up Corruption

    As we shall see later today, the ‘underworld’ in Bulgaria played a role or pulled the strings of politically-appointed administrators who guarded Benoît Battistelli‘s liberticidal regime at the EPO



  12. IRC Proceedings: Sunday, October 24, 2021

    IRC logs for Sunday, October 24, 2021



  13. Links 25/10/2021: EasyOS 3.1 and Bareflank 3.0

    Links for the day



  14. The Demolition of the EPO Was Made Possible With Assistance From Countries That Barely Have European Patents

    The legal basis of today's EPO has been crushed; a lot of this was made possible by countries with barely any stakes in the outcome



  15. The EPO’s Overseer/Overseen Collusion — Part XXII: The Balkan League - North Macedonia and Albania

    We continue to look at Benoît Battistelli‘s enablers at the EPO



  16. Links 24/10/2021: GPS Daemon (GPSD) Bug and Lots of Openwashing

    Links for the day



  17. Links 24/10/2021: XWayland 21.1.3 and Ubuntu Linux 22.04 LTS Daily Build

    Links for the day



  18. IRC Proceedings: Saturday, October 23, 2021

    IRC logs for Saturday, October 23, 2021



  19. Links 24/10/2021: Ceph Boss Sage Weil Resigns and Many GPL Enforcement Stories

    Links for the day



  20. GAFAM-Funded NPR Reports That Facebook Let Millions of People Like Trump Flout the So-called Rules. Not Just “a Few”.

    Guest post by Ryan, reprinted with permission



  21. Some Memes About What Croatia Means to the European Patent Office

    Before we proceed to other countries in the region, let’s not forget or let’s immortalise the role played by Croatia in the EPO (memes are memorable)



  22. Gangster Culture in the EPO

    The EPO‘s Administrative Council was gamed by a gangster from Croatia; today we start the segment of the series which deals with the Balkan region



  23. The EPO’s Overseer/Overseen Collusion — Part XXI: The Balkan League – The Doyen and His “Protégée”

    The EPO‘s circle of corruption in the Balkan region will be the focus of today’s (and upcoming) coverage, showing some of the controversial enablers of Benoît Battistelli and António Campinos, two deeply corrupt French officials who rapidly drive the Office into the ground for personal gain (at Europe’s expense!)



  24. Links 23/10/2021: FreeBSD 12.3 Beta, Wine 6.20, and NuTyX 21.10.0

    Links for the day



  25. IRC Proceedings: Friday, October 22, 2021

    IRC logs for Friday, October 22, 2021



  26. [Meme] [Teaser] Crime Express

    The series about Battistelli's "Strike Regulations" (20 parts thus far) culminates as the next station is the Balkan region



  27. Links 23/10/2021: Star Labs/StarLite, Ventoy 1.0.56

    Links for the day



  28. Gemini on Sourcehut and Further Expansion of Gemini Space

    Gemini protocol is becoming a widely adopted de facto standard for many who want to de-clutter the Internet by moving away from the World Wide Web and HTML (nowadays plagued by JavaScript, CSS, and many bloated frameworks that spy)



  29. Unlawful Regimes Even Hungary and Poland Would Envy

    There’s plenty of news reports about Polish and Hungarian heads of states violating human rights, but never can one find criticism of the EPO’s management doing the same (the mainstream avoids this subject altogether); today we examine how that area of Europe voted on the illegal "Strike Regulations" of Benoît Battistelli



  30. The EPO’s Overseer/Overseen Collusion — Part XX: The Visegrád Group

    The EPO‘s unlawful “Strike Regulations” (which helped Benoît Battistelli and António Campinos illegally crush or repress EPO staff) were supported by only one among 4 Visegrád delegates


RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

Recent Posts