“Red Hat’s earnings more than doubled in the company’s fiscal
fourth quarter, and enterprise subscriptions nearly doubled
too.“Red Hat earned $11.8 million in the quarter, or six cents a
share, up from $4.8 million, or three cents a share, in the year
ago quarter. The company’s earnings were in line with Wall Street’s
expectations, and revenues of $57.5 million beat $56 million
estimates. Subscription revenues of $45.4 million were up 92% and
topped $44.8 million forecasts…”
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.