Angsuman Chakraborty
Posts: 19816
Nickname: angsuman
Registered: Dec, 2003
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Angsuman Chakraborty is the CEO and Chief Architect at Taragana
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Novell swings to 3rd-quarter profit on lower operating expenses, misses analysts' estimates
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Posted: Aug 27, 2009 8:56 PM
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Novell posts 3Q profit as it cut costs
WALTHAM, Mass. â Novell Inc., which sells computer-networking software and technology services, said Thursday it swung to a third-quarter profit from a year earlier as it cut operating expenses by 20 percent.
The results, however, missed Wall Street's expectations.
Novell's net income totaled $16.7 million, or 5 cents per share, [...]
Read: Novell swings to 3rd-quarter profit on lower operating expenses, misses analysts' estimates
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