Updated Mar. 28, 2017 at 8:03 a.m.

Premium Lock Whitehurst: Just call us 'the Red Hat of OpenStack'

Published: 2017-03-28 07:51:00
Updated: 2017-03-28 08:03:26

Jim Whitehurst    Jim Whitehurst, president and CEO of Red Hat. Image 1 of 2 · Next Image…

A booming fourth quarter in sales closed a $2.4 billion year for Red Hat. And sales projections for a new fiscal year helped boost Hatter stock 5 percent in after-hours trading Monday after the Open Source giant upped quarterly sales by 16 percent year-over-year. In a conference call, Red Hat CEO Jim Whitehurst says booming sales for cloud-related technology provides a big boost. So much so that he says Red Hat is now the "Red Hat of OpenStack."...

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