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CNET News: Red Hat Earnings Shrug Off Oracle Threat

Dec 22, 2006, 14:30 (2 Talkback[s])
(Other stories by Stephen Shankland)

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"Red Hat's net income subsided in its most recent quarter, but revenue increased as the Linux seller shrugged off the arrival of Oracle as a direct competitor.

"For the quarter ended November 30, the company's net income was $15.5 million, down 37 percent compared with the same period a year ago. But its revenue increased 45 percent to $105.8 million..."

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