Red Hat Q1 earnings meet target

Red Hat, the main underwriter of computer operation system Linux, released its Q1 earnings report after the closing of the US market. The Q1 profit ended to late May was US$600,000 with per share profit gaining balance for a second quarter, which just reached the market expectation. The company saw loss of US$3.7 mln in the same period of last year with per share loss of 2 cents.

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