Mailing the story:

Red Hat cheerleading purges Q4 profits

  • Reg Developer; By Austin Modine (Posted by on CST)
  • Story Type: News Story; Groups: Red Hat
Red Hat's profit rose 7 per cent during its fiscal fourth quarter, with a healthy bump in revenue offset by the open source software distributor's increased sales, marketing, and R&D expenses. In Red Hat's first quarter under new CEO James Whitehurst, the company earned $22m, compared to $20.3m in the same period last year.
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