Linux Today: Linux News On Internet Time.
Search Linux Today
Linux News Sections:  Developer -  High Performance -  Infrastructure -  IT Management -  Security -  Storage -
Linux Today Navigation
LT Home
Contribute
Contribute
Link to Us
Linux Jobs


Top White Papers

More on LinuxToday


Red Hat Profit Rises on 42 Percent Revenue Hike

Jun 27, 2007, 21:30 (0 Talkback[s])
(Other stories by Robert Mullins)

"The introduction of a new version of its Linux distribution and new JBoss software helped Red Hat Inc. increase profit to US$16.2 million, or $0.08 a share, on revenue of $118.9 million, in its fiscal first quarter ended May 31, the company reported Wednesday.

"The report compares favorably to the year-ago quarter, in which Red Hat earned a profit of $13.75 million, or $0.07 a diluted share on revenue of $84 million..."

Complete Story

Related Stories: