Red Hat names new chief, Q3 profit climbs

By   |  December 21, 2007

Linux provider Red Hat today named former Delta Air Lines chief operating officer, James Whitehurst, as the new new president and chief executive of Red Hat, replacing Matthew Szulik who has stepped down from the post but will maintain the role of chairman of the board of directors.

The company also announced its third quarter fiscal year 2008 results, reporting total revenue of $135.4million (R943 million), an increase of 28 percent on last year’s quarter and six percent up on the previous quarter.

Net income for the quarter was $20.3m, compared with $18.2m, in the previous quarter and $14.6m for the year-ago quarter.

via ITWeek

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