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Caldera reports a net loss of $91 million for quarter

OREM — Software company Caldera International Inc. said Tuesday it had a net loss of $91 million, or $1.60 per share, for the quarter ended Oct. 31. Revenues totaled $18.9 million.

The company said the quarter included noncash charges of $80.8 million and restructuring charges of $3.1 million. Without those charges, the net loss for the fourth quarter would have been $7.1 million, or 12 cents per share.

For the fiscal year ended Oct. 31, the company had a net loss of $131.4 million, or $2.73 per share, including noncash charges of $95.5 million and restructuring charges of $3.1 million. Revenues totaled $40.4 million, in line with the company's previous guidance.

Caldera said results for the three and 12-month periods are not comparable to the prior-year periods because of the significant changes in the operations of the company as a result of acquisitions completed in the third quarter of 2001.

The company said it expects net revenue of $16 million to $18 million in the first quarter of fiscal 2002. For the fiscal year, the company expects net revenue will increase during the second through fourth quarters by 3 percent to 5 percent per quarter. Net revenue for the year is anticipated to be between $68 million and $75 million.

Caldera stock was trading at $1.78 early Tuesday, up 40 cents from Monday's close. In the past year, the price has ranged from 22 cents to $4.