LINDON — On the same day it got heaps of criticism from Novell Inc., the SCO Group Inc. said it had its best financial quarter.
The Lindon-based SCO Group said Wednesday that it had net income of $4.5 million, or 33 cents per share, for the second fiscal quarter, which ended April 30. That compares with a net loss of $6.6 million, or 47 cents per share, for the same period last year.
Revenue totaled $21.4 million, up from $15.5 million a year ago.
The net income also was in contrast to the first-quarter results, when the company had a net loss of $724,000, or 6 cents per share, on revenue of $13.5 million.
For the first six months of the fiscal year, the company's net income was $3.8 million, or 29 cents per share, on revenue of $34.9 million. That compares with a net loss of $17.6 million, or $1.23 per share, on revenue of $33.4 million, for the prior-year period.
Darl McBride, president and chief executive officer, said the first two licensing agreements related to the company's SCOsource initiative provided $8.8 million in cash and added $6.1 million to gross margin during the quarter. SCOsource is a division established for licensing and protecting Unix intellectual property.
McBride said third fiscal quarter revenue should be between $19 million and $21 million, with about two-thirds coming from the operating system platforms and one-third from SCOsource.