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
-
Two New Distros Adopt Enlightenment
MX Moksha and AV Linux 25 join ranks with Bodhi Linux and embrace the Enlightenment desktop.
-
Solus Linux 4.8 Features Removes Python 2
Solus Linux 4.8 has been released with the latest Linux kernel, updated desktops, and a key removal.
-
Zorin OS 18 Hits over a Million Downloads
If you doubt Linux isn't gaining popularity, you only have to look at Zorin OS's download numbers.
-
TUXEDO Computers Scraps Snapdragon X1E-Based Laptop
Due to issues with a Snapdragon CPU, TUXEDO Computers has cancelled its plans to release a laptop based on this elite hardware.
-
Debian Unleashes Debian Libre Live
Debian Libre Live keeps your machine free of proprietary software.
-
Valve Announces Pending Release of Steam Machine
Shout it to the heavens: Steam Machine, powered by Linux, is set to arrive in 2026.
-
Happy Birthday, ADMIN Magazine!
ADMIN is celebrating its 15th anniversary with issue #90.
-
Another Linux Malware Discovered
Russian hackers use Hyper-V to hide malware within Linux virtual machines.
-
TUXEDO Computers Announces a New InfinityBook
TUXEDO Computers is at it again with a new InfinityBook that will meet your professional and gaming needs.
-
SUSE Dives into the Agentic AI Pool
SUSE becomes the first open source company to adopt agentic AI with SUSE Enterprise Linux 16.