back to article Galloping greenback rocks Red Hat

Red Hat has posted a fine set of results for the first quarter of its 2019 financial year, but offered reduced guidance for the rest of the year and been punished by investors as a result. Q1 saw US$814 million in revenue roll in, up 20 per cent on the same quarter last year and $7m ahead of guidance. The company also …

  1. Alistair Silver badge
    Windows

    Well --- with oracle tagging Java SE with a cost, I can imagine that will fix some of the middleware costing issues for RedHat, as it will likely reduce oracles "middleware discount".

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