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Red Hat net profit rises, expects steady growth (Forbes)
Forbes
covers the latest Red Hat financial stats.
"Red Hat Inc, the world's largest publicly traded provider of Linux software, reported Wednesday a quarterly profit that met Wall Street expectations as its revenue grew 32 percent.
Net income rose 7 percent to $17.3 million, or 8 cents per share, in its fiscal first quarter, from $16.2 million, or 8 cents per share, in the same period a year ago."
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Red Hat net profit rises, expects steady growth (Forbes) Posted Jun 30, 2008 21:47 UTC (Mon) by dmarti (subscriber, #11625) [Link] Good factoid from the Motley Fool story: "The open-source software veteran released major updates to four of its key products and re-signed every expired contract with its 25 largest subscribers -- for 50% more than the worth of the old deals."
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