Red Hat quarterly earnings up 29% to $164.4 million
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Red Hat Inc . reported second-quarter revenues of $164.4 million, an increase of 29% in quarterly revenue compared with a year ago, at $127.2 million.
Deferred revenue rose somewhat faster, climbing 32% to $496.9 million. Quarterly profits also rose, but by a slimmer margin, rising 11% from $18.2 million for the second fiscal quarter of 2007 to $21.1 million for the second fiscal quarter of 2008.
The quarter’s revenues included two one-year sales of $5 million apiece. ...
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