Red Hat Reports Fourth Quarter and Fiscal Year 2015 Results
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Red Hat (RHT) PT Raised to $80 at Cowen
March 26, 2015 8:48 AM EDTCowen analyst Gregg Moskowitz reiterated an Outperform rating and lifted its price target on Red Hat (NYSE: RHT) to $80.00 (from $74.00) following Q4 results.
Moskowitz commented, "RHT reported a strong F4Q that was well above even our generally high expectations. Despite facing a... More
Red Hat (RHT) PT Lifted to $85 at Cantor Fitzgerald
March 26, 2015 7:27 AM EDTCantor Fitzgerald analyst Brian White reiterated a Buy rating and boosted his price target on Red Hat (NYSE: RHT) tto $85.00 (from $81.00) following solid Q1 results.
White commented, "Last night, Red Hat overcame a significant FX headwind to beat our 4Q:FY15... More
Red Hat (RHT) PT Raised to $80 at Northland Capital Markets
March 26, 2015 7:20 AM EDTNorthland Capital Markets analyst Tim Klasell reiterated an Outperform rating and boosted his price target on Red Hat (NYSE: RHT) to $80.00 (from $75.00) following Q4 results.
Klasell commented, "Red Hat reported strong 4Q results that beat Street estimates with strong subscription revenues and continued... More
Red Hat (RHT) Q1, FY16 Guidance Falls Short of Views
March 25, 2015 5:39 PM EDTRed Hat (NYSE: RHT) sees Q1 EPS of $0.41 vs consensus of $0.41. Revenue is seen at $469-$474 million vs consensus of $475.55 million. Operating margin is seen at 23%.
FY16 EPS is seen at $1.79-$1.82 vs consensus of $1.85. Revenue is seen at $1.99-$2.02 billion vs the... More
Red Hat (RHT) Tops Q4 EPS by 2c
March 25, 2015 4:06 PM EDTRed Hat (NYSE: RHT) reported Q4 EPS of $0.43, $0.02 better than the analyst estimate of $0.41. Revenue for the quarter came in at $464 million versus the consensus estimate of $456.8 million.
Total backlog for fiscal year 2015 was in excess of $1.86 billion, up 19% year-over-year. We define total backlog as the value of non-cancellable subscription... More
