Red Hat beats Q2 expectations with Linux sales
Red Hat posted today a sharp rise in earnings during its fiscal second quarter, spurred by (you guessed it) an increase in Linux sales.
For the quarter ended August 31, Red Hat lists revenue of $127.3m, up 28 per cent from $99.7m during the same period last year. Analysts polled by Thomson Financial had expected earnings of …
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Posted Wednesday 26th September 2007 01:52 GMT
Alan Donaly
Credit suisse
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So is this a win or a loss for credit swiss I could have predicted this and I think other than the world economy slowing down and hurting sales everywhere RH should have a pretty good run in the next year or so.
Posted Wednesday 26th September 2007 11:37 GMT
Fraser
Profits up from selling Linux?
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But, I thought Linux was free?
</trying to be funny>
Posted Wednesday 26th September 2007 22:02 GMT
BitTwister
@Fraser
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