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Financial Outlook
Novell management issues the following financial guidance:
For the full fiscal year 2007:
* Net revenue is expected to be between $925 million and $955 million, in line with prior guidance.
* On a non-GAAP basis, adjusted income from operations is expected to exceed previously stated guidance of between break-even and $10 million.
* Novell reiterates fiscal 2007 non-GAAP exit rate operating margin, as defined below, of between 5 and 7 percent.
Non-GAAP exit rate operating margin is defined as an annualized run rate expense level at the end of the period that, when compared to the full fiscal year's revenue, would result in pro forma operating margin for the year.
http://www.novell.com/news/press/novell-reports-financial-re…