back to article Red Hat raises guidance after good Q2

Red Hat rode on the back of rising cloud subscriptons to turn in a good Q2. Revenues for the quarter ended 31 August, 2015 were up 13 per cent year to $504m ($445,9m) – and 21 per cent on a current currency basis. Net income was $51.8m ($6.8m) The open source vendor reports an annualised run-rate of $100m for its certified …

  1. jake Silver badge

    Red Hat still exists?

    Huh. Who knew?

    1. Anonymous Coward
      Anonymous Coward

      Re: Red Hat still exists?

      Uh with Windows 10 going full retard (Android biz model but with forced updates and upgrades) I would say more people than ever. Especially considering what Red Hat has done to GNU/Linux, former windows users feel right at home in their new hairball. Enterprise also sure has and will continue to do so even more now the desktop might come into play and as such Red Hat is going to continue to make a fortune. The edge to subverting an ecosystem as opposed to building one.

    2. teknopaul

      Re: Red Hat still exists?

      Two billion reasons to think they might be here next year.

  2. Gerhard Mack

    revenue up?

    Does that mean the boycott over systemd was unsuccessful?

    1. asdf

      Re: revenue up?

      >Does that mean the boycott over systemd was unsuccessful?

      RH knew up front that systemd would end up making them a lot of money which is why they pushed it. Killing POSIX and making as much FOSS as possible LInux only, means personal boycotts don't matter in the long run nor do they really in the short run as neck beards tend not to sign the checks.

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