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Red Hat Q4 profit advances

Red Hat
Red Hat   Bottom line totaled $166.99 million

Red Hat revealed earnings for its fourth quarter that increased from last year.


The company said its bottom line totaled $166.99 million, or $0.91 per share.

This was higher than $109.69 million, or $0.61 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 22.8% to $772.33 million. This was up from $628.84 million last year.

 

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