[ Thanks to Jason
Greenwood for this link. ]
“Red Hat Inc. said Tuesday it swung to a profit in its latest
quarter as greater subscriptions to the company’s Linux software
helped revenue rise 43 percent.“Red Hat said it posted fiscal fourth-quarter net income of $5
million, or 3 cents a share, for the period ended Feb. 29.“That compares with the prior year’s fourth-quarter loss of
$273,000, which was break-even on a per-share basis…”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
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. © 2026 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.
