Needham & Company Reiterates Buy on Red Hat (RHT) Following a 3c EPS Beat

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Red Hat Reports Second Quarter Results for Fiscal Year 2016

September 21, 2015 4:15 PM EDT

Quarterly total revenue of $504 million, up 13% year-over-year Quarterly subscription revenue of $442 million, up 13% year-over-year Quarterly operating cash flow of $120 million, up 12% 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 2016 ended August 31, 2015.

Strong execution in Q2 contributed to total revenue results that exceeded 21% year-over-year growth on a constant currency basis. We were... More

Red Hat Announces New OpenStack Training and Certification Offerings

September 21, 2015 9:00 AM EDT

Two new engineer-level offerings designed to help organizations meet demand for OpenStack skills and accredited expertise using Red Hat solutions

RALEIGH, N.C.--(BUSINESS WIRE)-- Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced two new service offerings from Red Hat Training and Certification focused on improving IT professionals skills and expertise in Red Hat-distributed OpenStack clouds.

Red Hat has helped hundreds of organizations develop the necessary skills and knowledge to install, configure, manage, and build OpenStack clouds. Today, there are... More