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The profit of Red Hat US-RHT, The world biggest Linux OS seller, is higher than the expectation. Red Hat predicts its stock value on forth season will also rise 0.19 to 0.20 USD, which is higher than the 0.17 expected by the analyst.


Despite the global economical difficulty, Red Hat profit rises 20 percent by providing open source software with prices are much lower than its competitors. On the third season (up to 30 November this year), the company profit was $24.3 million USD, compare with $20.3 million at last year.

Red Hat’s current stock price is $13.4 USD.

Edited By Henry Lu