Oppenheimer Reiterates Buy as Red Hat (RHT) Reports Solid 2Q Results
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Red Hat Drives DevOps Adoption and Application Scalability with Latest Version of Red Hat OpenShift Container Platform
September 22, 2016 9:00 AM EDTIndustrys most comprehensive enterprise-grade, Docker- and Kubernetes-native container platform expands developer productivity and agility, delivers enhanced capabilities to deploy cloud-scale applications
RALEIGH, N.C.--(BUSINESS WIRE)-- Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced Red Hat OpenShift Container Platform 3.3, bringing new developer features and deployment scalability, on a secure enterprise container platform, to improve application delivery across the hybrid cloud. Red Hat OpenShift Container Platform supports organizations as they build and maintain both cloud-native and traditional applications, providing a solution they... More
Red Hat Reports Second Quarter Results for Fiscal Year 2017
September 21, 2016 4:15 PM EDTSecond 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
