Sales Surge Lifts Red Hat

Posted by Scott_Ruecker on Dec 24, 2006 6:46 PM EDT
TheStreet.com; By Bill Snyder 		Mail this story
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Red Hat got back in the good graces of investors with a strong third-quarter financial report that featured a 2-cent-a-share upside surprise and a 45% jump in revenue. The news gave shares of the open source software provider a much-needed boost: In after-hours trading Thursday, the stock was up $2.54, or 14%, to $20.50.

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