Linked by David Adams on Fri 27th Jun 2008 05:11 UTC, submitted by Rahul
Red Hat An article at The Motley Fool lays out good financial news from Red Hat: "In its first quarter of fiscal 2009, Red Hat produced $0.08 of GAAP earnings per share on revenue of $156.6 million. That's a 32% sales increase over last year, while profits held steady. But the numbers don't tell the whole story here. The open-source software veteran released major updates to four of its key products and re-signed every expired contract with its 25 largest subscribers -- for 50% more than the worth of the old deals. It's always cool to see the big boys upgrading their pacts, don't you think? Red Hat continues to invest in its global sales and support infrastructure, funding the growth from organic cash flows.
E-mail Print r 4   9 Comment(s)
Thread beginning with comment 320532
To read all comments associated with this story, please click here.
by bullethead on Sat 28th Jun 2008 22:58 UTC
Member since:

"In its first quarter of fiscal 2009", I thought it was still 2008!

Reply Score: 1

RE: 2009?
by Rahul on Mon 30th Jun 2008 07:05 in reply to "2009?"
Rahul Member since:

Fiscal year is a different measurement.

Reply Parent Score: 2