Red Hat (RHT) Guides FY15 EPS Below Expectations
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Red Hat (RHT) Bullish Stance Reiterated at Needham & Company on 'Strong' Q1
June 19, 2014 6:36 AM EDTNeedham & 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, Inc. (RHT) Tops Q1 EPS by 1c; Issues Light FY15 EPS Outlook
June 18, 2014 4:05 PM EDT(Updated - June 18, 2014 5:22 PM EDT)
(Updated - June 18, 2014 4:14 PM EDT)
Red Hat, Inc. (NYSE: RHT) reported Q1 EPS of $0.34, $0.01 better than the analyst estimate of $0.33. Revenue for the quarter came in at $424 million versus the consensus estimate of $413.97 million.
Our strong start to FY15 is a direct result of our ability to consistently deliver meaningful value to enterprise customers, stated Jim Whitehurst, President and Chief Executive... More
