Red Hat profits up 42%
The release of the new version of Red Hat Enterprise Linux 5 and the new version of the JBoss Java Server helped increase Red Hat's profit to $ 16.2 million, or 8 cents per share - total revenues for the first quarter of 2007 ending May 31 were $ 118.9 million.
Last year, Red Hat's profit was $ 13.75 million, or 7 cents per share, and total revenue was $ 84 million.
Red Hat claims that, excluding one-time payments and tax expenses with payment of shares instead of cash for the services provided, net profit for the past quarter was $ 33.7 million.
Red Hat distributes Linux distributions and provides corporations with subscription updates and technical support. The company said that out of a total revenue of $ 118.9 million, $ 103 million were obtained from such subscriptions.
Red Hat Chief Financial Officer Charles Peters (Charlie Peters) forecasts this quarter, which expires on August 31, that the company will show $ 124 - 126 million in revenue.
')
via InfoWorld
Last year, Red Hat's profit was $ 13.75 million, or 7 cents per share, and total revenue was $ 84 million.
Red Hat claims that, excluding one-time payments and tax expenses with payment of shares instead of cash for the services provided, net profit for the past quarter was $ 33.7 million.
Red Hat distributes Linux distributions and provides corporations with subscription updates and technical support. The company said that out of a total revenue of $ 118.9 million, $ 103 million were obtained from such subscriptions.
Red Hat Chief Financial Officer Charles Peters (Charlie Peters) forecasts this quarter, which expires on August 31, that the company will show $ 124 - 126 million in revenue.
')
via InfoWorld
Source: https://habr.com/ru/post/11708/
All Articles