CNET también está disponible en español.

Ir a español

Don't show this again

Christmas Gift Guide
Tech Industry

VA Software narrows loss

VA Software, the former Linux server seller now focusing on collaborative programming software, reported a net loss of $9.7 million and revenue of $5.1 million for its second fiscal quarter of 2002, which ended Jan. 26. On a pro forma basis, the loss was $6.9 million, better than the $8 million to $8.5 million pro forma loss VA predicted three months ago, the Fremont, Calif., company said Thursday. The pro forma loss of 13 cents per share wasn't as deep as the 16 cent loss the single analyst surveyed by First Call expected. Earlier this week, Ram Gupta, executive vice president of products and technology at PeopleSoft, joined VA's board. And last week, VA named Kathy McElwee chief financial officer.

VA Software, the former Linux server seller now focusing on collaborative programming software, reported a net loss of $9.7 million and revenue of $5.1 million for its second fiscal quarter of 2002, which ended Jan. 26. On a pro forma basis, the loss was $6.9 million, better than the $8 million to $8.5 million pro forma loss VA predicted three months ago, the Fremont, Calif., company said Thursday.

The pro forma loss of 13 cents per share wasn't as deep as the 16 cent loss the single analyst surveyed by First Call expected. Earlier this week, Ram Gupta, executive vice president of products and technology at PeopleSoft, joined VA's board. And last week, VA named Kathy McElwee chief financial officer.