Software company Red Hat Inc (RHT.N) reported a 7 percent rise in quarterly profit onWednesday, bucking an industry trend of declining earnings, as margins widened under the scrutiny of its cost-conscious CEO.
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Microsoft’s Profits Down Sharply, Microsoft’s FUD Up Sharply
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Reaffirmation of Microsoft's problems comes from its sympathisers; Microsoft FUD ensues
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Red Hat Blows Out Its Q3: The Data Behind the Numbers
http://blogs.cnet.com –
Red Hat continues to demonstrate its dominance of the enterprise Linux market. The company reported a blow-out third quarter, with total revenue of $135.4 million, an increase of 28% from the year ago quarter and 6% from the prior quarter. Subscription revenue was $115.7 million, up 30% year-over-year and 6% sequentially.
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