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Red Hat Q2 earnings beat Street (Reuters)
Reuters
looks at Red Hat's Q2 earnings report
"Red Hat Inc.,
the world's largest publicly traded provider of Linux software, posted a quarterly profit that beat Wall Street targets, helped by strong growth in its subscriptions business.
Net income for the second quarter rose to $22 million, or 10 cents a share, from $19.1 million, or 9 cents a share, in the year-ago quarter. Excluding special items, earnings were 20 cents a share."
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