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Red Hat GmbH

Red Hat Reports Second Quarter Results

(PresseBox) (Raleogh, N.C., )
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- Revenue of $220 million, up 20% from the prior year
- GAAP operating income up 24%, non-GAAP operating income up 25% from the prior year
- Deferred revenue of $650 million, up 12% from the prior year

Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced financial results for its fiscal year 2011 second quarter ended August 31, 2010.

Total revenue for the quarter was $219.8 million, an increase of 20% from the year ago quarter. Subscription revenue for the quarter was $186.2 million, up 19% year-over-year.

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