Red Hat Reports Positive Third Quarter Earnings
Reporting $236 million in growth revenue and $198 million in subscription revenue Red Hat's third quarter earnings are up 21 percent over last year.
Red Hat's third quarter ended in November with sales rising over 20 percent compared to last quarter and profits up from 16 million in the third quarter 2010 to 26 million in 2011.
$200 million in subscriptions made up the majority of revenue reported with the rest coming from training and services. Red Hat's expenditure for third quarter included $85 million to the marketing and sales department and $43 million for research and development.
More information on Red Hat's third quarter earnings can be found in the press release and on the Red Hat's Investor site.
Issue 43: Getting Started with Linux – /Special Editions
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News
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Ubuntu 21.10 Released and Finally Includes GNOME 40
The most anticipated update to Ubuntu is finally here and the workflow couldn't be better.
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Linux Can Now Run on Apple’s M1 Chipset
Linux users looking to take advantage of Apple Silicon are about to get their wish with the M1 chipset.
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MX Linux 21 RC Candidate Available For Testing
The MX Linux development team has released the RC images for MX Linux 21 for testing purposes.
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Fedora 35 is Shaping Up to Be an Impressive Release
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Canonical Extends Support For Ubuntu 14.04 and 16.04
The company behind Ubuntu offered a much-needed lifeline to those who still depend on older versions of the open-source operating system.
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GNOME 41 Has Arrived
The latest version of the GNOME desktop environment has been released with new functionality and plenty of improvements.
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System76 Updates the 15" Pangolin with Ryzen
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KDE Plasma 5.23 Promises Plenty of Subtle Improvements
The next release of the KDE Plasma desktop includes new features, numerous improvements, and plenty of bug fixes.
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GNOME 41 Beta is Now Available
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Debian 11 “Bullseye” Now Available
The developers of Debian have released the latest version of the operating system so many distributions depend on.