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, [...]