Red Hat profit climbs almost 7 pct in 1Q 2009

"We are off to a good start and on pace to deliver more major product releases this year than in any other period in Red Hat's history," Whitehurst said.

Red Hat said it earned $17.3 million, or 8 cents per share, in the first quarter, compared to $16.2 million, also 8 cents per share, in the same period a year earlier. Read more from here

Source: newsday.com