The Traderszone Network

Published in TZ Latest News 29 September, 2017 by The TZ Newswire Staff

Red Hat Inc. Is on a Roll

This week, Red Hat (NYSE: RHT) delivered another batch of solid proof that its unique business model makes sense. Pairing the concept of open-source software development with high-quality support services, Red Hat saw its second-quarter sales surging 21% higher year over year while earnings enjoyed a 40% boost, easily exceeding analyst targets on both counts. Share prices jumped 4% on the news.

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