Red Hat's Q4 shines, top expectations
For fiscal 2012, Red Hat reported earnings of $146.6 million, or 75 cents a share, on revenue of $1.13 billion, up 25 percent from a year ago.
For fiscal 2012, Red Hat reported earnings of $146.6 million, or 75 cents a share, on revenue of $1.13 billion, up 25 percent from a year ago.
Oracle, Accenture and Red Hat saw turbulence in their most recent quarters. It remains to be seen if these companies are seeing an operational blip or an enterprise demand slowdown.
Red Hat CEO Jim Whitehurst said the company is enjoying strong demand and market share gains.
An Evercore survey of Red Hat partners---integrators, resellers and the like---point to continued strength for Red Hat.
Red Hat dives into the unstructured data management game via a $136 million purchase of Gluster.
Red Hat CEO Jim Whitehurst says the company "continued to win and strengthen relationships with enterprise customers."
BMC Software reported strong fiscal fourth quarter results as the company's focus on managing data centers and cloud computing deployments paid off.
Red Hat delivered a strong fourth quarter and is on track to be the first pure play open source company to hit $1 billion in annual revenue.
Red Hat continues to report strong quarterly results as the company plans to ramp up its cloud management capabilities.
Multitouch support will be coming to Ubuntu and the Linux operating system could more competitive with Windows and the Mac OS. The big question is whether multitouch support will matter to potential users.