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SCO Announces Q2 2005 Results

Posted by CmdrTaco on from the it's-be-awhile-since-we-talked-about-sco dept.

gaijincory writes "SCO announced it's second quarter results Wednesday. Their net loss came in at just under $2 million. Revenue was $9.2 million (down from $10.1 million in the same quarter of the prior year). The decrease in revenue was "...primarily due to continued competitive pressures on the Company's UNIX products and services.""

1 of 376 comments (clear)

  1. Re:Yeah, that's it by RealProgrammer · · Score: 4, Insightful

    Actually, their statement is accurate, as far as it goes.

    For this quarter, the decreased revenue is primarily due to a shinking market for commercial Unix. Their long term prospects for increasing Unix revenue have been effectively squelched by the lawsuits.

    But their decreased cash position is due to paying lawyers.

    --
    sigs, as if you care.