Tech Industry

Short Take: SCO trounces expectations

Santa Cruz Operation, maker of the UnixWare operating system for Intel architecture machines, reported first quarter fiscal 1999 net income of $3 million, or 9 cents per diluted share, compared to $424,000 and 1 cent per share for the same quarter a year ago. The company trounced the two-broker analyst expectations of 4 cents per share, according to First Call. SCO predicted its partnership with IBM and Sequent to bring the Unix operating system to Intel's next generation 64-bit architecture will help the company gain more acceptance in the corporate world.

Santa Cruz Operation, maker of the UnixWare operating system for Intel architecture machines, reported first quarter fiscal 1999 net income of $3 million, or 9 cents per diluted share, compared to $424,000 and 1 cent per share for the same quarter a year ago. The company trounced the two-broker analyst expectations of 4 cents per share, according to First Call. SCO predicted its partnership with IBM and Sequent to bring the Unix operating system to Intel's next generation 64-bit architecture will help the company gain more acceptance in the corporate world.