Linuxputer boer VA Linux Systems heeft zijn aandeelhouders blij verrast met de bekendmaking van sterke financiële kwartaalcijfers. De omzet bedroeg 34,6 miljoen dollar en het verwachte verlies van 23 dollarcent per aandeel bleek uiteindelijk lager uit te vallen op $0,13 per aandeel. VA levert onder andere servers aan Deja.com en Doubleclick. Tevens is het bedrijf eigenaar van Andover.net, uitgever van Slashdot en Freshmeat:
Analysts surveyed by First Call/Thompson Financial expected a loss of 23 cents per share for the fiscal third quarter, which ended April 28. Excluding non-cash items, VA reported a net loss of 13 cents per share, the company said. Excluding non-cash charges, net losses declined from $6.3 million the previous quarter to $4.5 million in the third quarter, the company said.
Revenue this quarter grew 71 percent from the previous quarter's $20.2 million and 710 percent from the same quarter a year ago.
"It was a fantastic third quarter by almost any measure," VA chief executive Larry Augustin boasted in a conference call. Deutsche Banc Alex. Brown analyst Phil Reuppel agreed, calling it a "breakthrough quarter."
[...] About 77 percent of VA's business comes from selling Internet infrastructure--the servers that deliver Web pages and handle other parts of the Internet's inner workings. Augustin said such customers have an ongoing demand for new servers as their businesses grow. "As they get more clicks, they need more infrastructure," he said. "They just keep coming back."
[...] VA said it now has a sales force of 60 and has begun to hire its first European employees. Sales subsidiaries have been established in France, Switzerland and the Netherlands, with new offices to come in the United Kingdom and Germany, Schull said.