Red Hat Posts Its Best Quarter Yet

wrinkledshirt writes "Anybody remember the days when the naysayers said you couldn't build a viable business model centered around open-source software? After Red Hat's 2nd quarter report, well, insert(&mouth, FOOT); is all I have to say. Okay, okay, the hubris of a Linux zealot aside, the numbers look pretty good. Revenue for the quarter was $28 million, with net income at $3 million. You'd think SCO's blathering would have damaged them, but they're actually up the last couple of quarters after posting some net losses in previous quarters." Kudos to Red Hat. They must be doing something right.

Comments

Re:Doesnt surprise me one bit.

[Com2Kid]

Oh come on people, stop modding up obvious karma-whoring / trolls.

(selling software is not dead, saying it is not interesting, kthxbye)