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 Grows on Windows to Linux Migration

Jun 21, 2012, 18:14 (6 Talkback[s])
(Other stories by Sean Michael Kerner)

Red Hat is following up its first billion dollar year with a strong first quarter of growth.

For Red Hat's first quarter fiscal 2013, revenue was $314.7 million, a 19 percent year-over-year gain. The bulk of that revenue came from Red Hat's software subscriptions, which came in at $272.6 million, a 21 percent gain. Net Income was $35.7 million, or $0.19 per share, which is a gain over the $32.5 million reported a year ago.

Complete Story

Related Stories: