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BoneKracker
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 Posted: Thu Mar 29, 2012 2:21 am Post subject: Red Hat $1B Revenue: who says can't make money on Linux? |
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Red Hat, a Linux company, is now one of the few software companies ever to achieve $1 Billion in annual revenue.
| Quote: | | RALEIGH, N.C.--(BUSINESS WIRE)-- Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced financial results for its fiscal fourth quarter and fiscal year ended February 29, 2012. |
| Quote: | | Total revenue for the quarter was $297.0 million, an increase of 21% from the year ago quarter. Subscription revenue for the quarter was $255.2 million, up 22% year-over-year. For the full fiscal year 2012, total revenue was $1.13 billion, an increase of 25% over the prior year, and subscription revenue was $965.6 million, up 25% year-over-year. |
| Quote: | | GAAP operating income for the fourth quarter and the full fiscal year 2012 was $48.5 million and $199.9 million, respectively. GAAP operating margin was 16.3% in the fourth quarter and 17.6% for the full year. After adjusting for stock compensation and amortization expenses, as detailed in the tables below, non-GAAP operating income for the quarter was $77.2 million, or a 26.0% operating margin, and full year non-GAAP operating income was $298.9 million. Full year non-GAAP operating margin was 26.4%, representing an increase of 160 basis points from the prior year. |
http://investors.redhat.com/releasedetail.cfm?ReleaseID=660156
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Killerchronic
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| Posted: Thu Mar 29, 2012 3:03 am Post subject: |
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Thats some good going.
I knew RHL was doing well but didn't realise it was that well. Mostly business oriented and support though. |
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BoneKracker
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| Posted: Thu Mar 29, 2012 3:35 am Post subject: |
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They're going better than Microsoft Linux.. er... I mean SUSE.
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pjp
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| Posted: Thu Mar 29, 2012 3:41 am Post subject: |
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I still find it amazing they don't offer limited use personal / professional options without support. That's the main reason I'd never seek to use RH.
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BoneKracker
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| Posted: Thu Mar 29, 2012 3:55 am Post subject: |
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| pjp wrote: | | I still find it amazing they don't offer limited use personal / professional options without support. |
It's called "Fedora".
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aidanjt
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| Posted: Thu Mar 29, 2012 6:26 am Post subject: |
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| BoneKracker wrote: | | pjp wrote: | | I still find it amazing they don't offer limited use personal / professional options without support. |
It's called "Fedora". |
And CentOS/Scientific Linux/ClearOS/etc..
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pjp
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| Posted: Thu Mar 29, 2012 10:36 pm Post subject: |
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Fedora isn't at all comparable to RHEL.
The others aren't from RH. I'm aware they exist.
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BoneKracker
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| Posted: Thu Mar 29, 2012 11:32 pm Post subject: |
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| pjp wrote: | | Fedora isn't at all comparable to RHEL. |
How useful is an "Enterprise Linux" for "limited use"? What are you going to do, set up dynamic routing, endpoint security, virtual desktops, a private cloud on a virtual server cluster with NAS, centralized directory services, and role-based access controls for yourself and your girlfriend?
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pjp
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| Posted: Thu Mar 29, 2012 11:40 pm Post subject: |
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I'm torn between that or professional development.
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