Linked by Thom Holwerda on Thu 27th Sep 2007 07:50 UTC, submitted by stonyandcher
Global expansion and strong Enterprise Linux subscriptions have lifted Red Hat to double-digit growth as the CEO confirms Red Hat's solution and services provider transformation. Red Hat reported profit of USD 18.2 million, or USD 0.09 per diluted share, an increase of 64 per cent year on year for the second quarter of the company's fiscal year, which ended August 31.
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Member since:
2005-11-12
It is definitely good for RedHat and also good for me. I enjoy using Fedora and all the work they put into it. The custom GUI applications are nice.
I so regret selling my RedHat stock. After the dot com slump I figured it was all over for them. Now I am really kicking myself for not holding out. I think a lot of people also didn't expect them to thrive.