Red Hat, Inc. (RHT) Tops Q1 EPS by 1c; Issues Light FY15 EPS Outlook

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Go back to Red Hat, Inc. (RHT) Tops Q1 EPS by 1c; Issues Light FY15 EPS Outlook

Red Hat (RHT) Bullish Stance Reiterated at Needham & Company on 'Strong' Q1

June 19, 2014 6:36 AM EDT

Needham & Company analyst Scott Zeller reiterated a Buy rating and $66 price target on Red Hat (NYSE: RHT) following "strong" Q1 results.

Zeller comments, "The MayQ results for RHT were well above consensus on revenue and billings, and billings growth... More

Red Hat (RHT) Guides FY15 EPS Below Expectations

June 18, 2014 5:21 PM EDT

Red Hat (NYSE: RHT) sees FY15 adjusted EPS of $1.52 - $1.54, versus the consensus at $1.55. Revs expected at $1.76 - $1.79 billion wit the Street at $1.75 billion.

The company sees Q2 adjusted EPS of about $0.38 and revs of $432 - $436 million. The Street is at Q2 EPS of $0.38 and revs of $426.6 million.

... More