Red Hat Reports Fourth Quarter and Fiscal Year 2019 Results
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Red Hat (RHT) Tops Q4 EPS by 15c
March 25, 2019 4:15 PM EDTRed Hat (NYSE: RHT) reported Q4 EPS of $1.16, $0.15 better than the analyst estimate of $1.01. Revenue for the quarter came in at $879 million versus the consensus estimate of $883.85 million.
Deferred revenue and backlog: Total backlog for fiscal year 2019 was in excess of $4.1 billion, up 22% year-over-year. We define total backlog as total deferred revenue, which has been billed, plus the value of non-cancellable... More
