Red Hat sees sales abroad: CEO finds emerging economies amenable to open source
,----[ Quote ]
| In the developing world, "there's a feeling of 'why would we ever go with
| command-and-control, proprietary software," he said. "Open source has
| demonstrated its ability to innovate more quickly and cheaply."
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http://www.tradingmarkets.com/.site/news/Stock%20News/1443404/
Recent:
Red Hat Roars in Q4
,----[ Quote ]
| The company projected that its sales for the year will grow as much as 30
| percent.
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http://www.linuxinsider.com/rsstory/62340.html
No Recession at Red Hat
,----[ Quote ]
| It is flattering to be mentioned, Mr. Whitehurst said, but he noted that
| corporate customers and the industry benefit from what he called Red
| Hat’s “Switzerland status” — not being a province of one of the major powers
| in the technology industry.
`----
http://bits.blogs.nytimes.com/2008/03/27/no-recession-at-red-hat/
Tech stocks lose momentum, close in the red
,----[ Quote ]
| Red Hat Inc. shares closed with solid gains Friday after the company reported
| strong fourth-quarter results, but most other leading technology stocks gave
| back their gains, and the overall sector ended the day in the red.
`----
http://www.marketwatch.com/news/story/red-hat-continues-lead-gains/story.aspx?guid=%7BF21B3565-EA92-4A72-8C3B-8A512E808002%7D
Red Hat upgraded to 'BB-' on consistent revenue, earnings growth - S&P
,----[ Quote ]
| Standard & Poor's Ratings Services upgraded Red Hat Inc, citing a consistent
| growth in revenues and operating earnings and improving financial profile.
`----
http://www.forbes.com/markets/feeds/afx/2008/03/28/afx4827203.html
Red Hat posts great 2008 fiscal year earnings
,----[ Quote ]
| Anyone under the delusion that you can't make money from open source and
| Linux should have been on Red Hat's 2008 fiscal year earnings call on March
| 27.
`----
http://www.linux-watch.com/news/NS9327789877.html
Related:
Red Hat Growth Recognized by Forbes Magazine
,----[ Quote ]
| From an investor's perspective (where future results are key), the list also
| seems to include those companies that the equity analyst community believes
| are positioned to deliver double-digit earnings growth well into the future.
| Given our fast, top-line growth, strong EBITDA margins and high cash flow
| yield, Red Hat is a standout company on Forbes' survey of over 2,000 public
| companies.
`----
http://www.press.redhat.com/2008/02/04/red-hat-growth-recognized-by-forbes-magazine/
Red Hat gunning for $1 billion in revenue
,----[ Quote ]
| Newly appointed Red Hat CEO Jim Whitehurst is aiming to bring Red Hat, an
| open-source vendor with just below $500 million in revenue as of last year,
| into the billion-dollar range in the next three years.
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http://blogs.techrepublic.com.com/tech-news/?p=2053
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