UPDATE: Red Hat (RHT) Guides FY16 EPS Slightly Ahead of Views

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Go back to UPDATE: Red Hat (RHT) Guides FY16 EPS Slightly Ahead of Views

Red Hat Reports First Quarter Results

June 18, 2015 4:03 PM EDT

First quarter total revenue of $481 million, up 14% year-over-year

First quarter subscription revenue of $425 million, up 14% year-over-year

First quarter operating cash flow of $209 million, up 27% 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 its fiscal year 2016 first quarter ended May 31, 2015.

Total revenue for the quarter was $481 million, an increase of 14% in U.S. dollars from the year ago quarter, and 22% measured in constant currency.... More