Red Hat (RHT) Tops Q4 EPS by 10c, Offers FY and Q1 Guidance

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Red Hat Reports Fourth Quarter and Fiscal Year 2018 Results

March 26, 2018 4:15 PM EDT

Fourth quarter total revenue of $772 million, up 23% year-over-year, or 18% in constant currency; full fiscal year total revenue of $2.9 billion, up 21% year-over-year, or 20% in constant currency Fourth quarter subscription revenue of $683 million, up 22% year-over-year, or 18% in constant currency; full fiscal year subscription revenue of $2.6 billion, up 21% year-over-year, or 19% in constant currency Year-end deferred revenue balance of $2.6 billion, up 25% year-over-year Fourth quarter operating cash flow of $362 million, up 14% year-over-year; full fiscal year operating cash flow of $923 million, up 18% year-over-year... More