Feeds

Red Hat rolls along in Q1

Over subscribed

Beginner's guide to SSL certificates

Strong sales helped Red Hat's first fiscal quarter 2009 get a healthy increase of cash flow, but internal investments and taxes somewhat stymied the Linux licenser's end results.

Revenue for the quarter (ended May 31) was $156.6m, an increase of 32 per cent from the same period last year. Subscription sales were up 27 per cent year-over-year to $130.7m.

But research and development costs jumped 33 per cent to $28.9m, which helped eat away at the bottom line. Also, sales and marketing expenses rose 28 per cent to $59.3m.

Red Hat's Q1 profits totaled $17.3m, about a 7 per cent increase from $16.2m a year earlier. Operating income was $19.9m, compared with $14.9m year-over-year.

"The first quarter was a solid start to the fiscal year," said CEO Jim Whitehurst in a statement. "We continued to see top enterprise customers expand Red Hat deployments and new customers migrate to our solutions."

Red Hat's quarter included a refresh of Red Hat Enterprise Linux to version 5.2, updating JBoss Operations Network to 2.0, and Red Hat Network Satellite 5.1.

The company also recently freed its Satellite server code to the open source community as project Spacewalk, and decided to take a crack at the virtualization hypervisor and management market at its Red Hat Summit conference in Boston last week. ®

Beginner's guide to SSL certificates

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
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.