CNET News: Red Hat Earnings Shrug Off Oracle Threat
Dec 22, 2006, 14:30 (2 Talkback[s])
(Other stories by Stephen Shankland)
"Red Hat's net income subsided in its most recent quarter, but
revenue increased as the Linux seller shrugged off the arrival of
Oracle as a direct competitor.
"For the quarter ended November 30, the company's net income was
$15.5 million, down 37 percent compared with the same period a year
ago. But its revenue increased 45 percent to $105.8 million..."