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
-
Fedora Asahi Remix 41 Available for Apple Silicon
If you have an Apple Silicon Mac and you're hoping to install Fedora, you're in luck because the latest release supports the M1 and M2 chips.
-
Systemd Fixes Bug While Facing New Challenger in GNU Shepherd
The systemd developers have fixed a really nasty bug amid the release of the new GNU Shepherd init system.
-
AlmaLinux 10.0 Beta Released
The AlmaLinux OS Foundation has announced the availability of AlmaLinux 10.0 Beta ("Purple Lion") for all supported devices with significant changes.
-
Gnome 47.2 Now Available
Gnome 47.2 is now available for general use but don't expect much in the way of newness, as this is all about improvements and bug fixes.
-
Latest Cinnamon Desktop Releases with a Bold New Look
Just in time for the holidays, the developer of the Cinnamon desktop has shipped a new release to help spice up your eggnog with new features and a new look.
-
Armbian 24.11 Released with Expanded Hardware Support
If you've been waiting for Armbian to support OrangePi 5 Max and Radxa ROCK 5B+, the wait is over.
-
SUSE Renames Several Products for Better Name Recognition
SUSE has been a very powerful player in the European market, but it knows it must branch out to gain serious traction. Will a name change do the trick?
-
ESET Discovers New Linux Malware
WolfsBane is an all-in-one malware that has hit the Linux operating system and includes a dropper, a launcher, and a backdoor.
-
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.