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Novell reports loss as older business shrinks
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The per-share loss did not change from a year earlier because of the fact Novell's share count shrank to 378,219 diluted shares outstanding, down from 384,528 a year earlier. ..."
Let's go through that again: the loss increases but the number of shares decrease. Hence, you are dividing into a larger number by one that has become smaller. Each alone would have increased the result. But together you hold constant!
Could someone explain this logic? Perhaps they inverted the outstanding number of shares, which might have kept the loss per share constant.