Monday, December 28, 2009

Red Hat Continues It’s Winning Streak

Red Hat Continues It’s Winning Streak: "One of the top performing areas for Red Hat has been its Subscription revenue which showed a 21 per cent jump. The sore spot though was it's operating income which lagged by more than $1 million due to $8.8 million for a litigation settlement. In spite of that, it has managed to chalk up an income of US$194.3 million with record billings, boosting accounts receivable by US$24 million from the same period last year.

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