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Mizuho Securities Reiterates Buy on Red Hat (RHT) Following 2Q Report

Go back to Mizuho Securities Reiterates Buy on Red Hat (RHT) Following 2Q Report

Red Hat Reports Second Quarter Results for Fiscal Year 2017

September 21, 2016 4:15 PM EDT

Second quarter total revenue of $600 million, up 19% year-over-year Second quarter total subscription revenue of $531 million, up 20% year-over-year Second quarter GAAP EPS of $0.32 and non-GAAP EPS of $0.55, up 14% and 17% year-over-year, respectively Total deferred revenue balance of $1.68 billion, up 19% year-over-year

RALEIGH, N.C.--(BUSINESS WIRE)-- Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced financial results for the second quarter of fiscal year 2017 ended August 31, 2016.

Red Hat's second quarter revenue... More