Novell has hit Wall Street's expectations for its first fiscal quarter, its traditionally weakest period.
Revenue for the three months ended 31 January grew 11 per cent to $316m, while net income leapt 55 per cent to $44.8m.
Earnings on a diluted basis were 13 cents a share, meeting the consensus of the Wall Street analysts surveyed by First Call.
The network software firm enjoyed its biggest sales growth in the Asia Pacific region where income climbed 22 per cent year on year to $27m. The Europe, Middle East and Africa region, like the US, increased six per cent, to $99m and $166m, respectively.
Eric Schmidt, Novell's chairman and chief executive, said: "During the first quarter, the delivery of NDS eDirectory established the necessary foundation for an entire category of new net services products from Novell. These new products will significantly advance ebusiness which is at the centre of Novell's efforts in fiscal 2000."
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