(Reuters) - Red Hat Inc
Hybrid cloud services let customers run key business data on private, internal networks along with consumer-facing public cloud systems.
The company reported a net loss of $12.6 million, or 7 cents per share, in the fourth quarter ended Feb. 28, compared to a profit of $65.8 million, or 36 cents per share, a year earlier. [nBw5lgQgha]
Red Hat's fourth quarter results included a one-time tax charge of $123 million related to recently enacted U.S. tax laws.
Total revenue rose to $772.3 million from $628.8 million.
(Reporting by Arjun Panchadar in Bengaluru; Editing by Shounak Dasgupta)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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