Red Hat's profit in the fourth quarter increased by 7% year-on-year, reaching $22 million.

Red Hat's fourth quarter profit increased by 7% year-on-year to reach 22 million US dollars. According to the financial report released by Red Hat, an open-source software publisher, on Thursday March 28th Beijing time, as of February 29th, the company's profit during this period grew by 7% compared to the same period last year. Meanwhile, the cost for sales and marketing also rose significantly.