Red Hat has a great quarter; CEO leaves (Linux-Watch)
[Posted December 21, 2007 by ris]
Linux-Watch
looks at Red
Hat's financial results for its third fiscal quarter. "
For Red Hat's
share owners, the net income for the quarter came out to a healthy
$20.3 million. That works out to a dime per diluted share. Last
quarter saw 9 cents per diluted share and 7 cents per diluted
share in the equivalent 2006 quarter. At the same time that Red Hat was
making money, the company has also been saving money. Its total cash and
equivalents at quarter's end was $1.3 billion."
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