Red Hat cheerleading purges Q4 profits

Posted by Scott_Ruecker on Mar 28, 2008 10:29 PM EDT
Reg Developer; By Austin Modine 		Mail this story
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Red Hat's profit rose 7 per cent during its fiscal fourth quarter, with a healthy bump in revenue offset by the open source software distributor's increased sales, marketing, and R&D expenses. In Red Hat's first quarter under new CEO James Whitehurst, the company earned $22m, compared to $20.3m in the same period last year.

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