VA Linux’s losses grow fourfold

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Author: JT Smith

From Reuters: “VA Linux Systems, which makes products and services for the Linux computer operating
system, on Tuesday said its third-quarter pro forma loss grew more than fourfold, citing
difficult market conditions.

The company’s pro forma net loss totaled $19 million, or 38 cents a share, compared with a loss
of $4.5 million, or 13 cents a year earlier.” VA did beat street estimates of a 40-cent per share loss, however. (VA owns NewsForge.)

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  • Open Source