From the Up on the Down Side dept.:
Software company Red Hat Inc reported a 7 percent rise in quarterly profit onWednesday, bucking an industry trend of declining earnings, as margins widened under the scrutiny of its cost-conscious CEO.

Operating margin rose to 23.4 percent from 21.8 percent a year earlier, after excluding stock compensation and amortization expenses. That was better than the 23 percent the company projected three months ago.

reuters.com