Red Hat Growing Million Dollar OpenStack Deals

Sep 22, 2016, 19:00 (0 Talkback[s])
(Other stories by Sean Michael Kerner)

Red Hat reported its second quarter fiscal 2017 earnings on September 21, with revenue coming in at $600 million, for a 19 percent year-over-year gain. Net income was reported at $59 million which is an increase from the $51 million reported during the second quarter of Red Hat's fiscal 2016.