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

[phoronix]

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?page=news_item&px=Canonical-2017-Financial-Result

[davidbepo]

amd is profitable and now canonical too. good news

[Inopia]

Thanks based Mark!

[Kendji]

Sad that profitability had to come at the cost of those jobs..

[DanL]

Detail links are broken.

[Michael]

Detail links are broken.

https://beta.companieshouse.gov.uk/c...filing-history looks like the links are only temporary

[monraaf]

amd is profitable and now canonical too. good news

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

Did you read a different article?

[starshipeleven]

73$ millions of loss?

(conspiracy theory intensifies)

[davidbepo]

"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

[monraaf]

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.