Language Selection

English French German Italian Portuguese Spanish

Red Hat Reports Second Quarter Fiscal Year 2008 Results

Filed under
Linux

Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced financial results for its second fiscal quarter ended August 31, 2007. Red Hat's current fiscal year will end February 29, 2008.

Total revenue for the quarter was $127.3 million, an increase of 28% from the year ago quarter and 7% from the prior quarter. Subscription revenue was $109.2 million, up 29% year-over-year and 6% sequentially.

Other highlights of the quarter included the following:

- Red Hat continued to build its industry leading ecosystem by surpassing the milestone of more than 3,000 applications certified on Red Hat Enterprise Linux.

- Following three consecutive years of Red Hat being ranked first in value for enterprise software in the CIO Insight survey, Red Hat Japan was ranked the number one technology vendor in Japan that customers intend to conduct business with in the future according to the Nikkei Market Access survey.

More Here




Also:

Red Hat today announced the promotion of Mark E. Cook to Vice President, Finance and Controller and the appointment of Paul Argiry as Vice President and Treasurer. Both will report to Executive Vice President and Chief Financial Officer, Charlie Peters.

Red Hat Appoints Two New Financial Executives

More in Tux Machines

Android Leftovers

OnePlus 5T review: Come for the value, not the excitement

OnePlus isn't interested in holding back on specs, features or capabilities to make a big reveal of a new phone just once a year. The scrappy company has settled in on a refresh cycle every six months, with a big release followed by a mid-cycle bump to bring in the latest things it's been working on. The OnePlus 5T isn't meant to be an innovative leap of technology that blows your socks off — and honestly, none of its predecessors have been particularly groundbreaking, either. Nope, the 5T is still about value, simplicity and being tuned for what the Android enthusiast crowd craves from its phones. At $479 there wasn't much about the OnePlus 5 you could find a flaw with. Now six months later with a bigger screen, new secondary camera, neat Face Unlock feature and a $20 price bump, it's a pretty easy equation to figure out. Read more

DragonBoard gains a camera kit

Arrow’s DragonBoard 410c Camera Kit combines the 96Boards SBC with D3’s DesignCore Camera Mezzanine Board OV5640 and a 5-megapixel camera module. D3 Engineering’s DesignCore Camera Mezzanine Board OV5640 is a 96Boards mezzanine add-on designed to work only with the Arrow Electronics/Qualcomm DragonBoard 410c. Arrow and D3 have now launched a kit that provides a DragonBoard 410c with the D3 board and a miniature 5-megapixel autofocus camera module. The kit’s Linux software runs on the 96Boards CE SBC’s quad-core Cortex-A53 based Snapdragon 410 SoC. Read more

OnePlus 5T review—An outstanding combination of specs, design, and price

After launching the OnePlus 5 earlier this year, OnePlus is back with an end-of-year upgrade for the device. The OnePlus 5T takes a winning formula—high-end specs with a low price tag and a metal body—and reworks the front of the phone to dedicate as much space as possible to the screen. This device has a new screen, a new button layout, a new fingerprint reader, and a new camera setup. It almost feels like a totally new device. We liked the OnePlus 5 from earlier in the year, but, with the more modern design, OnePlus has fixed OnePlus 5's biggest downside. The result is something that is extremely compelling—a $500 phone that makes you question exactly why you'd give $800 to those other OEMs when this has nearly everything the more expensive phones have. Read more