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Red Hat reports $847 million Q3 revenue

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Red Hat has registered $847 million in revenue, a 13 percent increase from a year earlier, for the third quarter of fiscal year 2019.

The company said its subscription revenue from Infrastructure-related offerings for the quarter was $534 million, an increase of 8 percent year-over-year, or 9 percent measured in constant currency. On the other hand, subscription revenue from Application Development-related and other emerging technology offerings for the quarter was $207 million, an increase of 28 percent year-over-year, or 30 percent measured in constant currency.

Red Hat said that its Certified Cloud and Service Providers (CCSP) program reached the $300 million annualized run-rate milestone in Q3 with 25 percent year-over-year growth of Red Hat Enterprise Linux on-demand in the public clouds.

“We continue to experience strong customer growth in Red Hat OpenShift, our enterprise Kubernetes platform, and Red Hat Ansible Automation, both of which added more than 100 customers in Q3,” added Jim Whitehurst, President and Chief Executive Officer of Red Hat.