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Red Hat Reports (tiny) Loss, Revenue Slip
Futurepower(tm) was one of the first to write with the news Red Hat reports loss, revenue slips, via Infoworld. Szulik ? is right in his statement that compared to what's going on in the overall technology segment, RH is doing a good job.
Perhaps, we just have termininology mixup.
Investment analysis generally gives a larger meaning to the term "cash" than simply the dollars that a company has in the bank. This is because certain things like equities are easily transferable to dollars in the bank.
The dollars (Cash and cash equivalents) that RedHat has in the bank at any point in time is relatively meaningless. You have to look broader at the stuff that is easily transferred back into dollars in the bank.
That's why Szulik can claim here that RedHat has 300 million cash. Because if it wanted to it could somewhat quickly have those dollars in the bank. But dollars in the bank don't do much for you. RedHat earned 4 million in interest and other payments because it didn't foolishly have its assest in "cash and cash equivalents".