Novell lowers third quarter sales forecast

Linux distributor Novell has revised the sales forecast for its third fiscal quarter of 2010, which ended on the 31st of July. The company had originally said that it expected to report a net revenue of $205 to $210 million. It now says that this number is likely to fall in the range of $197 to $199 million. The vendor also notes that its Non-GAAP operating margin, initially expected to be approximately 15%, is likely to be slightly lower and will range between 13% and 15%.

Read more at H-online

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