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:CNET News: Red Hat Revenue Surges 46 Percent
CNET News: Red Hat Revenue Surges 46 Percent
Jul 1, 2005, 14 :30 UTC (4 Talkback[s]) (4976 reads)

(Other stories by Alorie Gilbert)

"Red Hat reported on Wednesday that first-quarter revenue climbed 46 percent as more companies and governments opened their wallets for its open-source tools and support services.

"Revenue for the quarter, which ended May 31, was $60.8 million, representing record sales for the company. Revenue from enterprise subscriptions, or contracts with big corporate and government clients, increased 63 percent in the quarter and now makes up 80 percent of the company's revenue. Wall Street has been eager to see the company grow that business..."

Complete Story

Related Stories:
OVUM: Good Times for Red Hat (and Therefore Linux) in Europe(Apr 27, 2005)
internetnews.com: Red Hat's Earnings Soar(Apr 01, 2005)
MozillaQuest: Digging into Mandrake, Novell, and Red Hat Demographics and Financials(Mar 12, 2005)
eWeek: Red Hat Reports Strong Q2 Results(Sep 21, 2004)


Index Mode   |   Flat Mode   |   Thread Mode   |   Thread Flat  
  Talkback(s) Name  and Date
Remember folks... Open Source is now ret ...   Haha!   
Shaman
Jul 1, 2005, 15:33:26
 
I think they would be a lot better off i ...   Red Hat needs to dual license some stuff   
MikeT
Jul 1, 2005, 18:06:38
 
Nice try, but RH is enough smart to not  ...   Re: Red Hat needs to dual license some stuff   
R.L.
Jul 1, 2005, 19:50:30
 
It's coming!!!!!  ...   Linux World Domination!!!!!!   
I-Write-FUD@Paid-By-mircosatf
Jul 1, 2005, 22:54:35
 
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