Red Hat Gains Higher Earnings Through Subscriptions
Linux distro Red Hat has released its Q2 2010 results that ended August 31, with figures that show a marked increase in subscription rates.
The overall Red Hat Q2 2010 revenue was $183.6 million, a 12% increase from Q2 2009. Of this, $156.3 million came from software subscriptions, an increase of 15% over the previous year.
CEO Jim Whitehurst sees the increase as proof of its good customer base and quality of its products and believes "the company is well positioned when the economic and IT spending environment improves."
The quarterly result details are on Red Hat's investor webpage.
Subscribe to our Linux Newsletters
Find Linux and Open Source Jobs
Subscribe to our ADMIN Newsletters
Support Our Work
Linux Magazine content is made possible with support from readers like you. Please consider contributing when you’ve found an article to be beneficial.
News
-
New Linux Kernel Patch Allows Forcing a CPU Mitigation
Even when CPU mitigations can consume precious CPU cycles, it might not be a bad idea to allow users to enable them, even if your machine isn't vulnerable.
-
Red Hat Enterprise Linux 9.5 Released
Notify your friends, loved ones, and colleagues that the latest version of RHEL is available with plenty of enhancements.
-
Linux Sees Massive Performance Increase from a Single Line of Code
With one line of code, Intel was able to increase the performance of the Linux kernel by 4,000 percent.
-
Fedora KDE Approved as an Official Spin
If you prefer the Plasma desktop environment and the Fedora distribution, you're in luck because there's now an official spin that is listed on the same level as the Fedora Workstation edition.
-
New Steam Client Ups the Ante for Linux
The latest release from Steam has some pretty cool tricks up its sleeve.
-
Gnome OS Transitioning Toward a General-Purpose Distro
If you're looking for the perfectly vanilla take on the Gnome desktop, Gnome OS might be for you.
-
Fedora 41 Released with New Features
If you're a Fedora fan or just looking for a Linux distribution to help you migrate from Windows, Fedora 41 might be just the ticket.
-
AlmaLinux OS Kitten 10 Gives Power Users a Sneak Preview
If you're looking to kick the tires of AlmaLinux's upstream version, the developers have a purrfect solution.
-
Gnome 47.1 Released with a Few Fixes
The latest release of the Gnome desktop is all about fixing a few nagging issues and not about bringing new features into the mix.
-
System76 Unveils an Ampere-Powered Thelio Desktop
If you're looking for a new desktop system for developing autonomous driving and software-defined vehicle solutions. System76 has you covered.