LXer: Linux: Red Hat's Hat Trick

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LXer: Linux: Red Hat's Hat Trick

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12-22-2006, 04:21 PM	#1
LXer LXer NewsBot Registered: Dec 2005 Posts: 128,355 Rep:	LXer: Linux: Red Hat's Hat Trick Published at LXer: Red Hat shares jumped more than 12 percent in after-hours trading Thursday after the Linux distributor posted financial results that topped analysts’ estimates. Excluding one-time items, the company posted a profit of $29.6 million, or $0.14 per share, compared to $22.7 million in the year-ago quarter after adjusting for stock compensation and tax expenses. Analysts polled on Thomson Financial estimated the software company would report earnings per share of $0.12 and revenues of $104.16 million versus $73.11 million in the year-ago quarter. Read More...

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