"Red Hat Inc. reported its financial results today for its
fourth fiscal quarter and full fiscal year, both of which ended
Feb. 28. While total revenue was up, the market was disappointed at
the report that net income for the quarter fell about 25 percent
"Specifically, Q4 net income dropped from $28.75 million (13
cents per share) in 2006 to $21.5 million (10 cents per share) in
2007. Total revenue for the quarter was $111.1 million, an increase
of 41 percent year-over-year and up 5 percent from the prior
quarter. Subscription revenue was $95.9 million, up 44 percent
year-over-year and 8 percent sequentially..."
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