Feeds

Red Hat drops profits

They'll need every penny

Top 5 reasons to deploy VMware with Tegile

Linux distributor Red Hat made a $15.5m GAAP profit in the last quarter, well down on the profit of $24.6m it made for the same period last year.

Revenues were up though, and slightly outpaced market expectations, climbing 45 per cent on the firm's fiscal Q3 2006 to $105.8m. Red Hat said it added 12,000 net new customers in the three months to 30 November.

Red Hat's finance chief Charlie Peters described the performance as "solid", and the firm said integration of April's middleware purchase JBoss is going swimmingly. At its last earnings call, analysts begged to differ.

The firm's share price is yet to recover from the pasting it took this year thanks to Larry Ellison's decision to steamroller Oracle onto its maintainance territory, but enjoyed a 13 per cent spike on the results in after hours trading yesterday. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
Simplify SSL certificate management across the enterprise
Simple steps to take control of SSL across the enterprise, and recommendations for a management platform for full visibility and single-point of control for these Certificates.