Red Hat Sales Surge

head_dunce writes "Red Hat has reported earnings from its third quarter, and it did quite a bit better than expected. Even with the movement within the business by Oracle and SuSE/Microsoft, Red Hat came out quite a bit ahead. TheStreet.com reports on the company's $29.6 Million dollars windfall, and some of the tough times the company has had in the past year. From the article: 'CFO Charlie Peters said on a conference call with analysts that the company is "cautiously optimistic that competitive efforts by some of the largest technology companies in the world are actually expanding our opportunity."'"

Comments

In non-PR terms

[Rosco P. Coltrane]

cautiously optimistic that competitive efforts by some of the largest technology companies in the world are actually expanding our opportunity.

Meaning: we clench our teeth, say a prayer, and hope that the Novell/MS deal doesn't bury us, but we'd like our shareholders to believe that it might actually do us good.