Deutsche Bank Cuts Price Target on Red Hat (RHT) to $90 Following 3Q Report
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Red Hat Reports Third Quarter Results for Fiscal Year 2017
December 21, 2016 4:20 PM ESTThird quarter total revenue of $615 million, up 18% year-over-year or 17% in constant currency Third quarter total subscription revenue of $543 million, up 19% year-over-year or 18% in constant currency Third quarter Application development-related and other emerging technology revenue of $112 million, up 33% year-over-year or 32% in constant currency
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 third quarter of fiscal year 2017 ended November 30, 2016.
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