Vendor checkup: Red Hat delivers

Vendor checkup: Red Hat delivers

Summary: Red Hat just reported its fiscal third quarter earnings and there are apparently no worries--so far. The company reported adjusted earnings of 14 cents a share, two pennies above Wall Street estimates as compiled by Thomson Financial.

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TOPICS: Open Source
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Red Hat just reported its fiscal third quarter earnings and there are apparently no worries--so far.

The company reported adjusted earnings of 14 cents a share, two pennies above Wall Street estimates as compiled by Thomson Financial. Revenue was also ahead of projections at $105.8 million. On first glance, it's interesting that subscription revenue was $88.9 million, up 48 percent year-over-year and 5 percent sequentially.

The growth from the second quarter to the third quarter is worth watching. Why? Oracle's Unbreakable Linux announcement came out during Red Hat's third quarter. Did growth in subscriptions decelerate later in the quarter after Oracle's announcement?

Overall, though it was a decent quarter for Red Hat. The conference call and outlook will tell the tale. As noted earlier today, there will be a lot of chatter about competition from Oracle, but little evidence that Red Hat is taking a hit.

Topic: Open Source

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  • User Education The Key

    Yes, Red Hat delivers and Windows locks it in. The best tool FOSS has is user education. If they could ever initiate a movement to read it before clicking "I Agree" to a pile of garbage, open source would clearly be an instant winner.
    I poat this link every chance I get. The problem is, the vast majority of users are too lazy to read and learn anything. Most prefer to remain ignorant and flap their jaws about what they don't know.
    How about you?

    http://www.cybersource.com.au/cyber/about/comparing_the_gpl_to_eula.pdf

    http://www.securityfocus.com/columnists/423?ref=rss
    Ole Man