Good Novell news seems to be coming off the presses.
According to SeekingAlpha and Linuxinsider Novell has posted a loss of $20 million this year, compared to $4 million last year, and yet has to spend about another $45 million for restructuring to make expenses lower.
Analysts say Novell’s earnings and revenue were below expectations.
However, thanks to the Novell-Microsoft deal, got a revenue of $230 million.
Overall revenue declined by 5 percent, but when you compare the whole ting to the last quarter of last year, we see a revenue growth of 46 percent and invoicing increase over 650 percent.
In short (according to SeekingAlpha:)
- With the Microsoft deal Novell got more costumers
- The Novell-Microsoft deal accelerated the Novell-Wal-mart deal
- Novell seems to have gotten a halo
Also critics of Novell-Microsoft have to shut up from now on according to SeekinAlpha . Click here for the critics the story refers to.
Well I have no clue what those figures mean and see no reason why critics should shut up. although I am not a serious critic on the Novell-Microsoft deal.
Critics should never shut up! We need them!
Can someone explain what those figures mean?
Is Novell in more trouble then ever or are they doing well ? (Does Novell truly have a halo?)