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Red Hat Chief Says Demand for Companyâs Software Is Rebounding
,----[ Quote ]
| Red Hat Inc., the Linux software maker whose
| sales and profit in the latest quarter
| exceeded analystsâ estimates, said demand
| for its products is reviving, especially in
| North America.
`----
http://www.businessweek.com/news/2009-12-23/red-hat-chief-says-demand-for-company-s-software-is-rebounding.html
Profits remain strong at Red Hat
,----[ Quote ]
| Results that would make other companies go
| ho-ho-ho have become ho-hum for Linux
| software company Red Hat, which on Tuesday
| posted the latest in a string of strong
| quarterly results.
|
| The Raleigh-based company, which performed
| well even when the recession was at its
| worst, once again exceeded analysts'
| expectations for both the top line and the
| bottom line - revenue and profits.
|
| Investors responded positively to the
| results, which were released after the
| markets closed. Red Hat shares rose as much
| as 7percent in after-hours trading.
`----
http://www.newsobserver.com/business/story/253385.html
Red Hat has a jolly Q3
,----[ Quote ]
| Commercial Linux distributor and platform
| wannabe Red Hat ended the year with a peachy
| quarter. For the third quarter of fiscal
| 2010, ended November 30, sales jumped 17.5
| per cent to $194.3m.
`----
http://www.theregister.co.uk/2009/12/22/redhat_q3_f2010_numbers/
Subscriptions Boost Red Hat Revenue
http://www.pcworld.com/article/185349/subscriptions_boost_red_hat_revenue.html
Recent:
Red Hat Named Large Technology Company of the Year by North Carolina Technology Association
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| Red Hat, Inc. (NYSE: RHT), the world's
| leading provider of open source solutions,
| today announced it has been named Large
| Technology Company of the Year by the North
| Carolina Technology Association (NCTA) in
| its 2009 NCTA 21 Awards. The criteria for
| this award include annual revenue of more
| than $100 million, market leadership,
| employment growth, innovation and profit
| margin. Other finalists in the Large
| Technology Company category included Epic
| Games, Inc., Microsoft Corporation and
| Tekelec.
`----
http://www.tradingmarkets.com/.site/news/Stock%20News/2655825/
Health check: Red Hat - This year's model
,----[ Quote ]
| Red Hat has long been the poster child of
| Linux and open source, the distribution
| that has been there since the beginning,
| grew up right, got all the luck, usually
| made the right decisions, and fetched up
| on top of the pile.
|
| Staying at the top of the pile may present
| a different set of problems. Free and open
| source software has made its presence
| felt, the operating system has become
| increasingly commoditised, free software
| is rising up the stack, cloud computing
| and virtualisation are transforming the
| market for operating systems, and open
| source (in some form or another) is being
| adopted or proclaimed by many different
| companies.
`----
http://www.h-online.com/open/features/Health-check-Red-Hat-Linux-879590.html
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