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Canonical's FY2017 Performance: $126 Million, Nearly 600 Employees

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  • Canonical's FY2017 Performance: $126 Million, Nearly 600 Employees

    Phoronix: Canonical's FY2017 Performance: $126 Million, Nearly 600 Employees

    While Red Hat is on track for a run rate of nearly three billion dollars for their current fiscal year, Canonical - the company behind Ubuntu - isn't quite there yet while still dominating the cloud landscape and other areas...

    http://www.phoronix.com/scan.php?pag...nancial-Result

  • #2
    amd is profitable and now canonical too. good news

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    • #3
      Thanks based Mark!

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      • #4
        Sad that profitability had to come at the cost of those jobs..
        Desktop Environment poll:
        https://www.phoronix.com/forums/foru...de-do-you-like

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        • #5
          Detail links are broken.

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          • #6
            Originally posted by DanL View Post
            Detail links are broken.
            https://beta.companieshouse.gov.uk/c...filing-history looks like the links are only temporary
            Michael Larabel
            http://www.michaellarabel.com/

            Comment


            • #7
              Originally posted by davidbepo View Post
              amd is profitable and now canonical too. good news
              "Overall they remain at a $73 million loss."

              Did you read a different article?

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              • #8
                73$ millions of loss?

                (conspiracy theory intensifies)

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                • #9
                  Originally posted by monraaf View Post

                  "Overall they remain at a $73 million loss."

                  Did you read a different article?
                  no, i did read this:
                  On that $126 million, for their fiscal year they managed a net profit of just two million.
                  its very unclear if its loss or profit

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                  • #10
                    Originally posted by davidbepo View Post

                    no, i did read this:
                    On that $126 million, for their fiscal year they managed a net profit of just two million.
                    its very unclear if its loss or profit
                    It's operating profit, i.e. before taxes and other expenses.

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