As the company grapples with ownership issues, Novell reports revenues a decline in overall revenue but remains optimistic about the future.
Salesforce.com has announced its fourth-quarter earnings with revenues of $835 million, up 32%, compared to last year. Non-GAAP earnings per share were 51 cents. Financial analysts had expected revenues ranging from $825 million to $830 million.
With lower first-quarter revenues, Novell executives reveals that full renewals from Microsoft Linux sales are coming in at a significant discount.
Yelp narrowed its net loss to $2 million for the third quarter after pulling in $36.4 million in net revenue. That’s up 63 percent from the same quarter a year earlier. The company said total reviews went up by 49 percent to 33 million, while the number of local business accounts grew by 82 percent to 35,500.
Novell has agreed to be acquired by Attachmate Corp., a 30-year old IT host connectivity and systems management integration firm, while also agreeing to sell $450 million in IT assets to a consortium led by Microsoft. The $2.2 billion deal brings Attachmate Novell's enterprise-focused SUSE Linux distribution, which it will spin into a separate business unit....
Veteran streaming radio platform Pandora released its fourth quarter earnings today, in which it saw its fiscal 2013 revenue of $427.1 million, representing a 56 percent year-over-year increase, and fourth quarter revenue of $125.1 million, an increase of 54 percent year-over-year. In turn, mobile revenue for the fourth quarter grew 111 percent year-over-year to $80.3 million.
Zynga’s revenues for the first quarter of 2013 declined 18% year-over-year to $264 million as the company is in the midst of doing a big pivot onto mobile platforms. The company swung to a profit from a year ago though, with net income of $4 million. Last year, during the same quarter, Zynga earned $321 million in revenue.
The hedge fund Elliott Associates said Tuesday afternoon that it had made an offer to buy Novell in a deal that valued the business software company at about $2 billion. Elliott said it would pay $5.75 a share in cash for Novell, a price that is 21 percent higher than Novell's closing stock price o ...
Red Hat has by all measures hit the big time, providing validation of the open source business model that even the harshest critics will have a hard time brushing aside. In its fourth quarter, Red Hat's revenue reached $245 million, up 25 percent from last year. The Linux distribution vendor's fourth quarter subscription revenue was $209 million, up 24 percent from the previous year.
Email this page
