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by Angsuman Chakraborty.
Original Post: Red Hat posts higher 2nd-quarter profit, sales; shares jump after hours
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Red Hat posts higher 2Q profit, sales
RALEIGH, N.C. â Red Hat Inc., the software distributor behind the Linux operating system, said Wednesday its fiscal second-quarter profit grew as companies opted for its source products amid the economic downturn.
For the quarter ended Aug. 31, the company earned $28.9 million, or 15 cents per share, up from [...]
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