SCO not looking healthy

By Derek Sooman on
Things are not going so well for SCO, who have said that they have made a loss of $6.5 million. The company has seen its revenues fall by 60% to $10.1 million. Licensing revenue is very badly hit, with this quarter's revenue at $120,000 compared with $10.3 million from the same period last year. There's not much to say really except "ouch!" The company is still embroiled in a great deal of litigation, and sees that as a way out of its problems. But do some wounds just run too deep? Watch out for what happens to this company in the coming months.

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