The SCO Group reported <A HREF="http://www.eweek.com/article2/0,1895,2099925,00.asp?kc=EWLINEMNL030607EOAD">results for its first quarter</A> ended Jan. 31, 2007. While it wasn't a pretty picture, the company's cost-cutting efforts seem to have placed profitability for the year within the realm of possibility.

Revenue for the first quarter of fiscal year 2007 was just over $6 million. This was down from $7.343 million for the comparable quarter of the prior year. This resulted in a net loss for the latest fiscal quarter of just over $1 million.