Open source isn't a viable business. Yeah right.

via Red Hat's Q3 earnings defy gravity | The Open Road - CNET News.

1. Revenue of $194 million, an 18 percent increase year-over-year.

2. Subscription revenue topped $164 million, up 21 percent year-over-year and 85 percent of the company's revenue.

3. Deferred revenue climbed 23 percent year-over-year to hit $619 million.

4. All 25 accounts up for renewal in the quarter renewed, and at 120 percent of value.