Novell returns to profitability on the back of increased Linux sales

Antony Savvas

Novell has returned to profitability thanks to a big surge in open-source Linux-based software sales.

For the first quarter ended 31 January, the firm reported sales of £116m, compared to the £109m for the same quarter last year.

Operating profits reached £4m, compared to a £10.5m loss last time.

For the quarter, Novell said sales from open source systems totalled £15m, which was 65% up year-on-year.

"We delivered product revenue growth across all business units and continued expense control this quarter," said Ron Hovsepian, Novell CEO. "These results are indicative that our strategic initiatives are yielding tangible results and that we are on the right path to achieve long-term, sustainable profitability."

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