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Red Hat Reports Q1 Revenue Of $27.2 Million (ComputerWorld)
ComputerWorld reports
on Red Hat's revenue for the first quarter of 2003. "In a
statement issued after the close of the U.S. financial markets, the
Raleigh, N.C.-based company said it had a net income of $1.5 million for
the quarter that ended May 31, compared with a net loss of $273,000 in the
previous quarter and a $4.6 million net loss one year ago. Red Hat reports
its figures using generally accepted accounting principles." (Thanks
to Jay R. Ashworth)
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