Bonum Certa Men Certa

Put the Red Hat on

Red Hat stock



Ron Hovsepian and Steve Ballmer with red hats



Summary: Ballmer and Hovsepian are failing once again to obstruct the leader in GNU/Linux servers

RED HAT is up approximately 5% after market close. It delivered its financial results a few hours ago. The stock has reached a very high value, despite Ron Hovsepian and Steve Ballmer (seen above) signing what several Web sites described as an "anti-Red Hat deal" or anti-Red Hat pact.



Novell recently lost more than $200,000,000, Microsoft is shrinking rapidly. and Red Hat is reportedly growing, which means that expenses do too.

Given the recent developments, Novell will carry on going "downhill", whereas its main rival, Red Hat, has good news for investors as its value soars.

To give a sample of news overage, in chronological order:

1. Ahead Of Red Hat Q3 Earnings

Open source solutions provider Red Hat Inc. (RHT: News ) is set to announce its third-quarter results after the market close Tuesday. On average, 21 analysts polled by Thomson Reuters expect a profit of $0.16 per share for the quarter on sales of $188.29 million. Analysts' forecast typically excludes one-time items.


2. A Look at the Week Ahead – (BMY, JBL, OSIP, RHT, SQNM, V)

Red Hat Inc. (RHT) reports earnings on Tuesday and is trading right at fresh highs. Thomson Reuters has estimates pegged at $0.16 EPS and $188.49 million in revenues, and while this used to be a takeover target the valuations are now very high and this one almost certainly has to really beat estimates and raise guidance to keep everyone happy.


3. Micron Technology, Tibco Software, Red Hat

Red Hat /quotes/comstock/13*!rht/quotes/nls/rht (RHT 31.35, +1.48, +4.96%) is estimated to report a profit of 16 cents a share in the third quarter, according to analysts surveyed by Thomson Reuters.


4. Micron Technology, Red Hat shares gain after hours

5. Red Hat profit, revenue beat Street view

Red Hat Inc (RHT.N) reported higher than-expected profit as the business software maker posted strong growth in the sales of its version of the Linux operating system, sending its stock up 3.5 percent.


The bully from Microsoft never got his way.

Comments

Recent Techrights' Posts

Why We Publish Information About the SLAPPs (But Not About the Legal Process), an Abuse of Process by Americans Trying to Silence Critics of Their Employer, Microsoft
It doesn't take thousands of pages to explain something simple
 
The Register MS Says "AI Web Crawlers Are Destroying Websites", So Why Does The Register MS Help 'AI' Companies? (Spoiler: Money)
People need to call out The Register MS on its hypocrisy
Slopfarms Already Peaked, They Will Die When Slop Companies Run Out of Money to Borrow
slopfarms will lack an actual "engine"
Links 02/09/2025: Attacks on Unions, Microsoft TCO, and DDoSing a Growing Problem
Links for the day
Internet Relay Chat Didn't Fall Off a Cliff
IRC will turn 40 in less than 3 years from now
The UEFI 9/11 - Part V - This is Not a Drill (Disable "SecureBoot" Now)
A "9/11" Coming
There's No Obligation to Speak to Anybody
The very fact that "bkuhn" is till spending time in social control media says a lot about his poor judgment
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Monday, September 01, 2025
IRC logs for Monday, September 01, 2025
Microsoft Trying to Force People to Resign (Amid Mass Layoffs) a Strategy That Takes Its Toll
Microsoft seems to be circling down the drain and the "final flush" will be the moment the "hey hi" (AI) bubble implodes completely
Google Simply Cannot Be Trusted
Only fools would trust GAFAM
Admission That a Third Party (or Parties) Funds the SLAPPs Against Techrights
This can end up costing them over a million dollars
Modifying and Writing One's Own Computer Programs is Not a Crime (or: Google Proves That Stallman Was Right)
We're generally gratified to see so many positive mentions of him
Why We Stopped Publishing Videos (for Now)
We'll probably get back to videos one day, but it's hard to say when or to what extent
What Animal Rights Activism Teaches Us About Sympathy and Focus
It's possible to believe that the planet is warming, that we must do something about it, and still eat eggs and butter
When You Turn Web Sites About Tech Into Political Sites
A lot of people fall into the trap of catering only for particular groups
Gemini Links 02/09/2025: ROOPHLOCH 2025 and Lagrange 1.19 Released
Links for the day
Gemini Links 01/09/2025: News Corp. WSJ and A Month With NixOS
Links for the day
“Sideloading” Never Killed Anybody
There are many online discussions this week about the misnomer "sideloading"
Slopwatch: Google News as FUD Vector Against Linux and Plagiarism Enhancer, Serial Slopper (SS) Uses LLMs to Googlebomb "Linux"
Slop destroys the Web not just by screwing with search engines and helping plagiarists. It's also responsible for de facto DDoS attacks...
Links 01/09/2025: "Attacks on Science" and China's "Soft Power" Grows
Links for the day
Links 01/09/2025: Fresh Backlash Against Slop and "Norway’s Electricity Crisis is About to Hit Britain"
Links for the day
Writing and Coding Isn't Always Enough
Last year we had to assume a role we didn't have before: litigants
Links 01/09/2025: Catching Up (Mostly via Deutsche Welle), "Windows TCO" Effect in UK
Links for the day
Gemini Links 01/09/2025: Linguistic Barriers and "Web 1.0 Hosting"
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Sunday, August 31, 2025
IRC logs for Sunday, August 31, 2025
Autumn Has Come
Autumn should be exciting in all sorts of ways; it'll also mark our anniversary
The UEFI 9/11 - Part IV - External Interference
They all seem to be playing a role in crushing Software Freedom and self-determination for users
Links 31/08/2025: Baggage Claim Scams, an Insurrectionist’s War on Culture, and a Sudden Robotics Hype
Links for the day
Gemini Links 31/08/2025: Reviewing Netsurf and Slightly Less Historic Ada Design
Links for the day
IBM Has Taken Control of GNOME
Don't expect a successor to be found any time soon
Links 31/08/2025: Google Gmail Data Breach and LF Puff Pieces for Pay
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Saturday, August 30, 2025
IRC logs for Saturday, August 30, 2025
This is What Google News Has Become
Moments ago