Red Hat (RHT) Tops Q2 EPS by 1c
Get Alerts RHT Hot Sheet
Financial Fact:
Income from operations: 81.88M
Today's EPS Names:
SFST, VLTO, CLIR, More
Join SI Premium – FREE
Red Hat (NYSE: RHT) reported Q2 EPS of $0.55, $0.01 better than the analyst estimate of $0.54. Revenue for the quarter came in at $600 million versus the consensus estimate of $593.34 million.
Subscription revenue from Infrastructure-related offerings for the quarter was $427 million, an increase of 18% in U.S. dollars year-over-year and 17% measured in constant currency. Subscription revenue from Application development-related and other emerging technologies offerings for the quarter was $104 million, an increase of 33% in U.S. dollars year-over-year and 32% measured in constant currency.
GUIDANCE:
Red Hat sees Q3 2017 EPS of $0.34, versus the consensus of $0.57. Red Hat sees Q3 2017 revenue of $613-623 million, versus the consensus of $615.2 million.
Red Hat sees FY2017 EPS of $2.23-$2.25, versus the consensus of $2.21. Red Hat sees FY2017 revenue of $2.415-2.435 billion, versus the consensus of $2.4 billion.
For earnings history and earnings-related data on Red Hat (RHT) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Novartis (NVS) Tops Q1 EPS by 13c, raises guidance
- Bv Financial, Inc. (BVFL) Tops Q1 EPS by 24c
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!