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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."

(Log in to post comments)

Posted Dec 21, 2007 20:52 UTC (Fri) by atai (subscriber, #10977) [Link]

The current Red Hat CEO has done a great job. Hopefully the new CEO will keep the same
pro-Free Software philosophy.

Red Hat has a great quarter; CEO leaves (Linux-Watch)

Posted Dec 25, 2007 20:44 UTC (Tue) by mattdm (subscriber, #18) [Link]

Presumably, the new CEO will want to keep the employees, so....