September 19, 2001

Red Hat posted a small loss

Author: JT Smith

CNET: "Linux software leader Red Hat reported Tuesday that it posted a slim second-quarter loss before one-time items
as the company struggled to adjust to a slowdown in technology spending.

The company said its second-quarter adjusted loss totaled $100,000, or nil cents per share, compared with a loss of
$4 million, or 2 cents per share, in the year-earlier period."

Category:

  • Linux
Click Here!