Red Hat expects steady growth
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Red Hat Inc (RHT.N: Quote, Profile, Research), the world's largest publicly traded provider of Linux software, reported on Wednesday a quarterly profit that met Wall Street expectations as its revenue grew 32 percent. Net income rose 7 percent to $17.3 million, or 8 cents per share, in its fiscal first quarter, from $16.2 million, or 8 cents per share, in the same period a year ago.
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