Red Hat Revenue Continues to Increase

Posted by dcparris on Jul 2, 2006 12:25 PM EDT
CIO; By Shelley Solheim
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Strong Linux sales drove Red Hat revenue up 38 percent in its fiscal 2007 first quarter, the company announced Wednesday. Red Hat reported revenue of US$84 million for the quarter. Subscriptions were up 45 percent from the previous year’s quarter to $71.5 million.

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