“Red Hat Inc. said Monday that its fourth-quarter loss amounted
to 4 cents a share, squeaking by First Call’s prediction of a loss
of 5 cents a share. The company’s revenue grew in the quarter on
strong demand for its Linux-related software and services.”
“Shares in Red Hat closed at 60 1/2 Friday, having slid over
the past few months as the Linux craze has cooled down.“
“Revenue for the fourth quarter ended February 29 was $13.1
million, up 39 percent over revenue of $9.4 million for the fourth
quarter last year.”