Red Hat Grows Million-Dollar Linux Deals - Server Watch

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For the quarter, Red Hat reported revenue of $290 million, which is a 23 percent year-over-year gain. Net income hit $38.2 million or $0.19 per share, up from $26 million or $0.13 per share last year. Moving forward, Red Hat provided fourth-quarter guidance for revenue to be in the range of approximately $289 million to $292 million.

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Those big deal aren't just about Red Hat Enterprise Linux, they're also about JBoss. Peters noted that approximately 40 percent of Red Hat's top deals include a middleware component, and four deals were actually standalone middleware deals over $1 million.

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In terms of who is buying those million dollar Red Hat deployments, Peters said that the three largest verticals in the top 30 deals were financial services, technology and governments around the world.

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Red Hat Grows Million-Dollar Linux Deals - Server Watch

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This page contains a single entry by Viraj published on December 21, 2011 7:58 AM.

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