| Business Summary | | Red
Hat,
Inc.
is
a
provider
of
open
source
solutions
for
Internet
computing.
The
Company's
product
offerings
include
Red
Hat
Linux
and
related
tools,
open
source
software
applications,
documentation,
manuals
and
general
merchandise.
The
Company's
professional
services
offerings,
principally
directed
towards
larger
corporate
customers
and
strategic
partners,
include
technical
support
and
maintenance,
custom
development,
consulting,
training
and
education,
developer
support
and
hardware
certification.
The
Company's
shrink-wrapped
products
come
with
a
limited
subscription
service.
Users
of
these
services
are
entitled
to
access
to
Red
Hat
Network
Software,
access
to
developer
pages
on
the
Company's
Website
and
is
e-mailed
news
relating
to
developments
within
the
open
source
community. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Red
Hat,
Inc.
is
a
developer/provider
of
open
source
software
and
services,
including
Red
Hat
Linux
operating
system,
whose
publicly
available
source
code
can
be
copied,
modified
and
distributed
with
minimal
restriction.
For
the
three
months
ended
5/31/01,
revenues
rose
16%
to
$25.6
million.
Net
loss
increased
58%
to
$27.6
million.
Results
reflect
the
continued
migration
of
platforms
to
Red
Hat
Linux,
offset
by
increased
amortization
of
goodwill
and
intangibles. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Robert Young, 46 Chairman | -- | Matthew Szulik, 44 Pres,
CEO, Director | $386K | Kevin Thompson, 36 CFO,
Exec. VP, Treasurer | 172K | Timothy Buckley, 50 COO,
Exec. VP | 453K | Paul Cormier, 44 Exec.
VP, Engineering | -- | Dollar amounts are as of 28-Feb-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|