August 23, 2000

VA Linux beats earnings expectations

Author: JT Smith

From a CNet story: VA Linux Systems surpassed analyst expectations today, reporting revenue of $50.7 million and a loss of 10 cents a share, a nickel better than analysts predicted. Analysts generally expected revenue between $42.7 million and $44.5 million, and those surveyed by First Call/Thomson Financial expected a loss of 15 cents a share. In the same quarter a year ago, VA had a net loss of 34 cents a share on revenue of $7.8 million. More at BusinessWire and from Reuters. The company's CEO appeared on RadioWallStreet Wednesday. (Full disclosure: VA Linux owns NewsForge.)

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