LXer: Red Hat reports revenue up and acquires ManageIQ

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LXer: Red Hat reports revenue up and acquires ManageIQ

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12-21-2012, 09:40 PM	#1
LXer LXer NewsBot Registered: Dec 2005 Posts: 128,440 Rep:	LXer: Red Hat reports revenue up and acquires ManageIQ Published at LXer: Red Hat has reported that its third quarter revenue is up 18% year-on-year, at $343.6 million, with subscription income rising 19% (to $294.2million). With estimates placing Red Hat at 29 cents a share, the reported earnings beat those estimates, coming in at 30 cents a share. According to Bloomberg, that was enough to see Red Hat shares rising in late trading. Read More...

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