LXer: Red Hat Reports Third Quarter Fiscal Year 2008 Results

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LXer: Red Hat Reports Third Quarter Fiscal Year 2008 Results

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12-21-2007, 08:20 AM	#1
LXer LXer NewsBot Registered: Dec 2005 Posts: 128,385 Rep:	LXer: Red Hat Reports Third Quarter Fiscal Year 2008 Results Published at LXer: Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced financial results for its third fiscal quarter ended November 30, 2007. Red Hat's current fiscal year will end February 29, 2008. Total revenue for the quarter was $135.4 million, an increase of 28% from the year ago quarter and 6% from the prior quarter. Subscription revenue was $115.7 million, up 30% year-over-year and 6% sequentially. Read More...

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