Archive for the 'Company' category

NYSE Euronext Chooses Red Hat Solutions for Its Mission-Critical Financial Trading Platform

by Editor

See the full press release: http://www.redhat.com/about/news/prarchive/2008/NYSE.html.

See the full case study and video: http://customers.press.redhat.com/2008/05/12/nyse/.

Filed under Company, Press Release on May 14th, 2008 | Comments Off

Red Hat Delivers Solid Earnings

by Tom McCallum, Vice President, Investor Relations

At the end of last week, we reported the results for Red Hat’s Fiscal 4th quarter and Fiscal Year 2008. Initial street reaction to our announcement was positive and has been reflected in the press and through trading in the days since the call. Some earnings highlights include:

4Q08 financial highlights

• Revenue: $141.5 million, up 27% y/y
• Subscription revenue: $121.9 million, up 27% y/y
• Bookings: over $200 million
• Cash & investments balance: $1.3 billion
• Repurchased $66 million of our common stock in the quarter

FY08 financial highlights

• Annual revenue $523 million, up 31% y/y
• Subscription revenue $450 million, up 32% y/y
• Deferred revenue of $473 million, up 40% y/y

» Read more

Filed under Company on April 2nd, 2008 | Comments Off