RedHat is a world-leading open-source solution provider. It announced its third-quarter performance for fiscal year 2010 as of November 30. According to financial report figures, the total fiscal revenue in the third quarter was 0.194 billion US dollars, up 18% year-on-year. The subscription revenue in the third quarter was 0.164 billion US dollars, and the deferred revenue was 21% US dollars, up 0.619 billion year-on-year, A year-on-year increase of 23% million US dollars for repurchase, or 52 million ordinary shares "in the current economic environment, RedHat continues to maintain a strong growth, which is inseparable from our value
Red Hat RedHat is a world-leading open-source solution provider. It announced its third-quarter performance for fiscal year 2010 as of November 30. Based on financial report figures:
Total fiscal revenue in the third quarter was USD 0.194 billion, up 18% year on year
Subscription revenue in the third quarter was USD 0.164 billion, up 21% year on year
Deferred revenue: USD 0.619 billion, up 23% year on year
Repurchase of $52 million or 1.9 million ordinary shares
"In the current economic environment, RedHat continues to maintain a strong growth, which is inseparable from our values and outstanding services. RedHat was recently named No. 1 software vendor by Ziff Davis's CIO Insight Study ." Jim whitehatster, CEO of RedHat, said, "We will continue to launch new products, including rev released in November, which will continue to maintain our position in the server virtualization and cloud computing market, rev provides customers with high-quality, low-cost, and open management solutions."
If you want to learn more about the third-quarter financial report, click here to download the detailed financial report document (PDF file ).