Red Hat (RHT) Peers on Watch Following Q4 as 'Ghost of Oracle' (ORCL) Shows Up
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Red Hat (RHT) Numbers Trimmed at Needham & Company Post Q4
March 28, 2013 8:28 AM EDTInvestors took their frustration out on Red Hat (NYSE: RHT) following a Q4 flop after the close, sending the stock down as much as 10%. However, all is not lost, according to analysts at Needham & Company.
The firm reiterated their Buy rating while trimming their price target from $63 to $60.
Analyst weighs in: The FebQ results were negatively received at the print, as deferred and billings looked well below consensus, but... More
Red Hat (RHT) Gives Lackluster Q1 Outlook
March 27, 2013 5:29 PM EDTOn its call, Red Hat, Inc. (NYSE: RHT) said it sees Q1 EPS of $0.30 to $0.31 versus the consensus of $0.32. The company sees Q1 revenues of $358-$361 million, versus the consensus of $366.64 million.... More
Red Hat (RHT) Sees Red Following Q4 Sales 'Miss'
March 27, 2013 4:59 PM EDTShares Red Hat, Inc. (NYSE: RHT) collapsed after-hours Wednesday after top-line fourth quarter results fell short of Wall Street expectations.
The open source software leader reported that fourth quarter revenue was up 17 percent to $348 million, which missed the consensus of $349.64 million.
Non-GAAP adjusted net income for the fourth quarter was $70 million, or $0.36 per share, which beat the consensus estimates of $0.30... More
