Düsterer gehts ja wohl auch kaum.
Tuesday February 20 4:34 PM ET
VA Linux to Cut 25 Percent of Staff As Loss
Widens
FREMONT, Calif. (Reuters) - VA Linux (news - web sites) Systems Inc.
(NasdaqNM:LNUX - news) on Tuesday posted a quarterly loss that
exceeded Wall Street's lowered forecasts, and said it would cut 25 percent
of its work force in its drive to eventually turn a profit.
The Fremont, Calif.-based company, which develops software and products
for the Linux computer operating system, said that it recorded a pro forma
net loss for its fiscal second quarter of $13.4 million, or 28 cents per diluted
share, compared with a loss of $6.3 million or 20 cents a year earlier.
The results excluded acquisition costs and other expenses.
Wall Street had expected the company to lose 26 cents per share, according to First Call/Thomson Financial,
which calculates the average of analysts surveyed.
Revenues for its fiscal second quarter more than doubled, to $42.5 million from $20.2 million a year earlier, the
company said.
Gruß Dampf