Red Hat is still not making any profit from the Linux operating system, but it reported a smaller than expected loss for the fourth quarter ended 29 February.
Red Hat's sales rose by 39 per cent, compared with the same quarter a year ago, to $13.1m (£8.3m). Fourth-quarter turnover was also up 24 per cent from third-quarter turnover of $10.5m.
However, taking into account one-time expenses from the acquisitions of Cygnus Solutions and Hell's Kitchen Systems in January, Red Hat recorded a $5.6m loss. It had suffered a loss of $1.2m in the same quarter last year. Matthew Szulik, Red Hat's chief executive, said: "Demand for Red Hat products and services is strong in Internet service providers, Web hosts and vendors of Internet devices. After the consolidation of our recent acquisitions, Red Hat is in a position to accelerate turnover and margin growth on a global basis."
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