The Red Hat fiscal fourth quarter and fiscal year ended February 28, 2014, prove that this industry is mature.
We seize this opportunity to
congratulate RedHat, about the growing unmatched efforts deployed by his staff,
when it comes to open source solutions.
Theses encouraging efforts are
progressively highly visible on its financial results year-over-year.
As, a unique objective reference for modern organizations and professionals, when it comes to Tools, Supports and Solutions for drawing value in their daily activities, Connectikpeople.co salutes the RedHat Cash and investments at February 28, 2014, which totaled $1.49 billion, and encourages this company to continue invest in new technologies and commercial capabilities that can further expand their future growth opportunities in open hybrid cloud computing.
As, a unique objective reference for modern organizations and professionals, when it comes to Tools, Supports and Solutions for drawing value in their daily activities, Connectikpeople.co salutes the RedHat Cash and investments at February 28, 2014, which totaled $1.49 billion, and encourages this company to continue invest in new technologies and commercial capabilities that can further expand their future growth opportunities in open hybrid cloud computing.
Regarding its financial
results for its fiscal fourth quarter and fiscal year ended February 28, 2014,
Connectikpeople.co observes that, total revenue
for the quarter was $400 million, an increase of 15% in U.S. dollars from
the year ago quarter, or 17%
measured in constant currency. Subscription revenue for the quarter was $351 million, up 16% in U.S. dollars year-over-year, or 18% measured in constant currency. For the full fiscal year, total revenue was $1.53 billion, up 15% in U.S. dollars year-over-year, or 17% measured in constant currency, and subscription revenue was $1.34 billion, up 16% in U.S. dollars year-over-year, or 18% measured in constant currency.