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BW: VA Linux Systems Earnings Beat Analyst Estimates, Contrary to Published Reports

“VA Linux Systems (Nasdaq:LNUX) announced that its earnings
per share for its second quarter ended Jan. 28, 2000 which were
reported on Thursday, Feb. 24, 2000 actually beat analysts’
expectations, contrary to published reports.”

“Excluding deferred compensation and other non-cash charges and
calculated on a pro-forma basis, consensus earnings per share
estimates from First Call were ($0.21), while VA Linux’s actual
earnings per share were ($0.20) beating analyst estimates by a
penny per share.”

“Basic and diluted net loss per share of ($0.50) and pro-forma
basic net loss per share of ($0.36), as reported by VA Linux on
Thursday, included deferred compensation and other non-cash
charges.”


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