It's Another Red Christmas
- Dr. Roy Schestowitz
- 2008-12-22 22:23:15 UTC
- Modified: 2008-12-22 22:23:15 UTC
The Anti-Red Hat Pact
Just in...
Red Hat profit tops Street forecast
Linux software provider Red Hat Inc (RHT.N) reported a quarterly profit on Monday that topped Wall Street's forecast, sending shares up 5 percent in extended trading.
The company said its net profit in the fiscal third quarter ended Nov. 30 rose to $24.3 million, or 12 cents a share, from $20.3 million, or 10 cents a share, in the year-ago period.
Red Hat earnings grow nearly 20% in third quarter
For the period ended Nov. 30, the company reported net income of $24.3 million, or 12 cents per share, compared to earnings of $20.3 million, or 10 cents per share, for the same period last year.
Red Hat earnings increase
Revenue increased, by 22 percent, to $165.3 million.
Novell
is down and it
operates at a loss.
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Comments
Diamond Wakizashi
2008-12-23 00:15:34