Novell (NOVL) Reaffirms FY08 Outlook

June 17, 2008 4:58 PM EDT

Novell (Nasdaq: NOVL) reiterated its previously issued FY08 guidance of sales in the range of $940-$970 million, versus the consensus of $ million. Non-GAAP operating margins are expected to be 7-9%, excluding all acquisition-related intangible asset amortization.

Novell, Inc. engages in the development, implementation, and support of mixed source and open source software for use in business solutions.


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