Red Hat beats estimates and doubters (Linux-Watch)

[Posted June 29, 2007 by cook]

Linux-Watch reports on Red Hat's latest financial results. "The big Linux-business question of the latest financial quarter was: Would Red Hat be battered by Oracle? Knocked around by Microsoft and its new Linux partners, Novell, Xandros, and Linspire? Daunted by a Sun revival? Or would the Raleigh, NC-based Linux company turn in a great quarter? And, the answer is, with total revenue of $118.9 million, an increase of 42 percent from the year ago quarter and up 7 percent from the prior quarter, Red Hat is back to kicking rump and taking names in business Linux."

(Log in to post comments)