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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)


Re-Imagining Linux Platforms to Meet the Needs of Cloud Service Providers

"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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