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Red Hat Is Stuck In Neutral as BTIG Questions Subscription Model

Tony Owusu

Red Hat gets the lion's share of its revenue from its subscription service to distributions of the Linux open-source operating system, as well as other products. While Red Hat's CEO isn't concerned about the soft revenue, analysts at BTIG see the company's subscription model as a potential headwind going forward. Learn more about TheStreet's market coverage for your trusted smart-speaker here.