[luau] Red Hat Posts First EVER Quarterly Profit

[W. Wayne Liauh]

  *Associated Press*
Red Hat Reports a Profit on GAAP Basis
Tuesday December 17, 6:55 pm ET

Red Hat Reports Its First Profit on GAAP Basis, Attributing Net Income 
to Higher Server Subscriptions

RALEIGH, N.C. (AP) -- Linux software provider Red Hat Inc. said Tuesday 
it earned a profit under generally accepted accounting rules for the 
first time, attributing its net income to higher server subscriptions.

The Raleigh-based company said it earned $305,000, or break-even per 
share, for the three months ending Nov. 30, compared to a net loss of 
$15.1 million, or 7 cents per share, in the same period a year ago.

http://biz.yahoo.com/ap/021217/earns_red_hat_1.html

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