“Red Hat continues to demonstrate its dominance of the
enterprise Linux market. The company reported a blow-out third
quarter, with total revenue of $135.4 million, an increase of 28%
from the year ago quarter and 6% from the prior quarter.
Subscription revenue was $115.7 million, up 30% year-over-year and
6% sequentially.“The company also boosted its profitability, with net income for
the quarter at $20.3 million, or $0.10 per diluted share, compared
with $18.2 million, or $0.09 per diluted share, for the prior
quarter and $14.6 million, or $0.07 per diluted share, in the year
ago quarter…”
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.