Linux Turns Profitable For Red Hat - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

CIO Insights & Innovation
Security & Risk Strategy
Team Building & Staffing
IT Strategy
Digital Business
Project Management
Programming Languages
Dr. Dobb's
Enterprise Applications
Operating Systems
Productivity/Collaboration Apps
Network Security
Careers & People
Threat Intelligence
IoT
Attacks & Breaches
Application Security
Cloud Security
Endpoint Security
Mobile Security
Perimeter Security
Risk Management
Operations Security
Analytics
Vulnerabilities & Threats
Security & Risk Strategy
Infrastructure as a Service
Platform as a Service
Software as a Service
Cloud Storage
Data Centers
Mobile Applications
Mobile Devices
Mobile Business
Enterprise Mobility Management
AI/Machine Learning
Big Data Analytics
Hardware/Architectures
Software Platforms
IoT
Networking
Wireless Infrastructure
Data Centers
Cloud Infrastructure
Careers and Certifications
Network Security
Government
Healthcare
Wall Street & Technology
Bank Systems & Technology
Insurance & Technology
Industries
Government
Healthcare
Wall Street & Technology
Bank Systems & Technology
Insurance & Technology
IT Life
Careers
Mobile
Mobile Applications
Mobile Devices
Mobile Business
Enterprise Mobility Management
Software
Enterprise Applications
Operating Systems
Productivity/Collaboration Apps
News

Linux Turns Profitable For Red Hat

Linux provider Red Hat Inc. showed a profit for the first time in its eight-year history as the company last week reported a profit of $305,000 on revenue of $24.3 million for its third fiscal quarter, ended Nov. 30. Revenue increased in both software subscriptions ($13.2 million) and services ($11.1 million). Red Hat sold more than 12,000 subscriptions of Advanced Server during the quarter, a 50% increase compared with the previous quarter.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Webcasts
More Webcasts
White Papers
More White Papers
Reports
More Reports
The State of IT & Cybersecurity Operations 2020
The State of IT & Cybersecurity Operations 2020
Download this report from InformationWeek, in partnership with Dark Reading, to learn more about how today's IT operations teams work with cybersecurity operations, what technologies they are using, and how they communicate and share responsibility--or create risk by failing to do so. Get it now!
Download Now!
Editors' Choice
News
IT Spending Forecast: Unfortunately, It's Going to Hurt
Jessica Davis, Senior Editor, Enterprise Apps,  5/15/2020
Commentary
Helping Developers and Enterprises Answer the Skills Dilemma
Joao-Pierre S. Ruth, Senior Writer,  5/19/2020
Slideshows
Top 10 Programming Languages in Demand Right Now
Cynthia Harvey, Freelance Journalist, InformationWeek,  4/28/2020
Register for InformationWeek Newsletters
Video
Current Issue
Key to Cloud Success: The Right Management
This IT Trend highlights some of the steps IT teams can take to keep their cloud environments running in a safe, efficient manner.
Download This Issue!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll