Red Hat (RHT) Tops Q2 EPS by 3c, Q3 Guidance Misses Views

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Red Hat Reports Second Quarter Results for Fiscal Year 2019

September 19, 2018 4:17 PM EDT

Second quarter total revenue of $823 million, up 14% year-over-year, or 14% in constant currency Second quarter Application Development-related and other emerging technology subscription revenue of $196 million, up 31% year-over-year, or 31% in constant currency Quarter-end deferred revenue balance of $2.4 billion, up 17% year-over-year, or 19% 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 second quarter of fiscal year 2019 ended August31, 2018.

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