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Red Hat net profit rises, expects steady growth (Forbes)Red Hat net profit rises, expects steady growth (Forbes)
[Press] Posted Jun 26, 2008 21:02 UTC (Thu) by cook
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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