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A Movement Builds as a Diverse Group of 14 Additional Leaders Seek Greater Predictability in Open Source Licensing

  • July 16, 2018
Support for the Commitment has expanded beyond U.S. technology companies, with the companies adopting the Commitment now representing a wide range of industries from software to electronics to automotive, spanning geographic regions, and including eight Fortune 100 companies. Of note, the companies making the commitment represent more than 39 percent of corporate contributions to the Linux kernel, including six of the top 10 contributors.

Red Hat Announces $1 Billion Stock Repurchase Program

  • June 21, 2018
Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that its Board of Directors has authorized the repurchase of up to $1 billion of the Company’s common stock from time to time on the open market or in privately negotiated transactions. The new program is to replace the previous $1 billion repurchase program that will expire on June 30, 2018. From its commencement on July 1, 2016 through June 20, 2018, the Company repurchased approximately 8.2 million shares of its common stock for $751 million under the previous program.

Red Hat Reports First Quarter Results for Fiscal Year 2019

  • June 21, 2018
  First quarter total revenue of $814 million, up 20% year-over-year, or 17% in constant currency First quarter Application Development-related and other emerging technology subscription revenue of $189 million, up 37% year-over-year, or 32% in constant currency First quarter operating cash flow of $346 million, up 34% year-over-year Quarter-end deferred revenue balance of $2.4 billion, up 19% year-over-year   Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced financial results for the first quarter of fiscal year 2019 ended... (more)

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