Analyst Commentary

Red Hat remains red hot as Linux and cloud success fuel its highest growth rate in 4 years

Linux sustainability and accelerating emerging solutions adoption grow Red Hat’s revenue and partner value

Red Hat (NYSE: RHT) beat revenue expectations in 2Q17, posting quarterly revenue of $677 million and year-to-year revenue growth of 19.2%, marking its highest growth rate in four years. Red Hat’s core enterprise Linux business continues to progress within the rapidly changing IT market unabated, evidenced by year-to-year subscription growth of 14% for the vendor’s infrastructure-related offerings. Subscription ...

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