Feeds

Red Hat moves Into the black

What tech recession?

  • alert
  • submit to reddit

3 Big data security analytics techniques

Red Hat has moved into the black for the first time since going public - a significant psychological milestone for the company.

The company reported a profit of $3.7 million with revenue up by $4m, almost all attributable to subscription services, from the previous quarter. As Red Hat was within a whisker of profitability in its last quarter - reporting a loss of $600,000 - that isn't a great surprise. The company managed to cut marketing and general expenses in the period, while increasing spending on R&D. Cost savings of $6m bring the company into the black.

Red Hat will also take cheer from the fact that it appears to have weathered the worst of the tech recession, with revenue down a mere 4 per cent from the last quarter of 2000.

Unfortunately two typos in Red Hat's own financial statement make reading the figures more difficult than it should be. In two sections of the detailed release, both columns - containing different numbers - are headed 'May 31, 2001', where they should read 'February 28, 2001'. We think... ®

Related Story

Red Hat stems Red Ink

SANS - Survey on application security programs

More from The Register

next story
Android engineer: We DIDN'T copy Apple OR follow Samsung's orders
Veep testifies for Samsung during Apple patent trial
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Batten down the hatches, Ubuntu 14.04 LTS due in TWO DAYS
Admins dab straining server brows in advance of Trusty Tahr's long-term support landing
Microsoft lobs pre-release Windows Phone 8.1 at devs who dare
App makers can load it before anyone else, but if they do they're stuck with it
Half of Twitter's 'active users' are SILENT STALKERS
Nearly 50% have NEVER tweeted a word
Internet-of-stuff startup dumps NoSQL for ... SQL?
NoSQL taste great at first but lacks proper nutrients, says startup cloud whiz
Windows 8.1, which you probably haven't upgraded to yet, ALREADY OBSOLETE
Pre-Update versions of new Windows version will no longer support patches
Microsoft TIER SMEAR changes app prices whether devs ask or not
Some go up, some go down, Redmond goes silent
Red Hat to ship RHEL 7 release candidate with a taste of container tech
Grab 'near-final' version of next Enterprise Linux next week
Ditch the sync, paddle in the Streem: Upstart offers syncless sharing
Upload, delete and carry on sharing afterwards?
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.