Red Hat (RHT) Tops Q2 EPS by 3c
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September 18, 2014 5:32 PM EDT
Red Hat (NYSE: RHT) sees Q3 EPS of 0.40, in line with estimates. It sees revenue of $449-$452 million vs the consensus of $455.3 million. Operating margin is seen at about 23%.
FY EPS is seen at $1.53-$1.55 vs est of $1.54. Revenue is see at $1.77-1.785... More
September 18, 2014 8:04 AM EDT
Red Hat (NYSE: RHT) signed a definitive agreement to acquire FeedHenry, a leading enterprise mobile application platform provider. FeedHenry expands Red Hats broad portfolio of application development, integration, and Platform-as-a-Service (PaaS) solutions, enabling Red Hat to support mobile application development in public and private environments.
Enterprises continue to embrace mobile devices as the preferred way to engage and interact with customers, employees, and partners, and new enterprise application software development is increasingly focused on supporting mobile apps and devices. Industry analyst firm IDC expects 1.2 billion smart phones to ship in 2014, representing 19.3 percent growth... More
