Open source company Red Hat has announced revenue of US$772 million for the fourth quarter of the 2018 financial year which ended on 28 February, bringing it very close to recording US$3 billion in annual revenue.
Red Hat is on track to record a third year of US$2 billion-plus revenue, with results for the second quarter of fiscal 2018 showing the company had raked in US$723 million, an increase of 21% on the corresponding quarter a year ago.
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