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COPYRIGHT 2006 Voxant, Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO
CARL QUINTANILLA, CNBC ANCHOR: Open source opportunities in China and strong market share globally have sent shares of Linux-maker Red Hat soaring almost 85 percent in the last year. For the first quarter, the company posted a profit of 7 cents a share, 2 cents beneath analyst expectations. Revenues were up 38 percent, though, coming in slightly higher than consensus at $84 million. Shares after the hours last night, down some 4 percent, well, 5.33 percent, actually, trading on that news. For his outlook on the company, we are joined now by Matthew Szulik, president and CEO of Red Hat, joining us from Raleigh, North Carolina.
Good to see you this morning, sir, welcome.
MATTHEW SZULIK, CHMN., PRES. & CEO, RED HAT: Good morning, nice to see you too.
JOE KERNEN, CNBC ANCHOR: You mentioned the stock trading down overnight, there was some confusion...
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