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Linux sales boost Red Hat profit

Publication:The Globe and MailDate:Mar 25 2004

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Red Hat Inc. said it swung to a profit in its latest quarter as rising numbers of subscriptions to the company's Linux software helped revenue rise 43 per cent .

Red Hat said it posted fiscal fourth-quarter net income of $5-million (U.S.) or 3 cents a share for the period ended Feb. 29.




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