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Linux firm Caldera reports loss

The company, one of a handful of publicly traded Linux firms, beats estimates with a narrower-than-expected loss.

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Stephen Shankland worked at CNET from 1998 to 2024 and wrote about processors, digital photography, AI, quantum computing, computer science, materials science, supercomputers, drones, browsers, 3D printing, USB, and new computing technology in general. He has a soft spot in his heart for standards groups and I/O interfaces. His first big scoop was about radioactive cat poop.
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Caldera Systems, one of a handful of publicly traded Linux companies, beat estimates today with a narrower-than-expected loss.

The company reported a loss of 19 cents per share, not as deep as the 25 cents expected by analysts surveyed by First Call/Thomson Financial. The company had revenue of $1.2 million for the three months ended July 31, a modest 9 percent better than the $1.1 million the same quarter last year.

The company's net loss for the quarter was $7.5 million, compared with $2.2 million last year, Caldera said. The company attributed the net loss to "infrastructure investment, advertising and marketing development and strategic development as well as non-cash charges for the amortization of deferred compensation."

Orem, Utah-based Caldera is in the process of acquiring Unix products from Santa Cruz Operation, which is changing its name to that of its remaining product, Tarentella.