Red Hat is on track to record a third year of US$2 billion-plus revenue, with results for the second quarter of fiscal 2018 showing the company had raked in US$723 million, an increase of 21% on the corresponding quarter a year ago.
Open source provider Red Hat has beaten analysts' expectations in its results for the first quarter of the fiscal year 2018.
Red Hat has reported earnings of US$600 million for the second quarter of the current financial year, an increase of 19% year-on-year.
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