RedHat posts first quarterly profit... ever!

Author
Aron Schatz
Posted
December 26, 2002
Views
1425
Tags News

Page All:

Page 1
Wow, an open source company making money? Let's see if they can continue the trend.

Quote

The Raleigh, N.C., company last week reported net income of $305,000 for the quarter ended Nov. 30, up from a loss of $15.1 million in the same quarter last year. Red Hat also reported a 21 percent rise in revenue, to $24.3 million, in the quarter.

Title

Medium Image View Large