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Red Hat Inc (RHT.N)

RHT.N on New York Stock Exchange

82.20USD
27 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Red Hat reports Q4 and fiscal year 2017 results
Monday, 27 Mar 2017 03:57pm EDT 

Red Hat Inc - : Red Hat reports fourth quarter and fiscal year 2017 results . Q4 revenue $629 million versus I/B/E/S view $618.8 million . Sees q1 non-gaap earnings per share about $0.52 to $0.53 . Sees fy 2018 non-gaap earnings per share about $2.60 to $2.64 . Sees fy 2018 gaap earnings per share about $1.69 to $1.73 . Sees q1 gaap earnings per share about $0.34 to $0.35 . Q4 adjusted non-gaap earnings per share $0.61 . Q4 gaap earnings per share $0.36 . Sees fy 2018 revenue up 13 to 14 percent . Sees q1 revenue $643 million to $650 million . Q4 earnings per share view $0.61 -- Thomson Reuters I/B/E/S . For full year gaap operating margin expected to be approximately 15.2% and non-gaap operating margin is expected to be approximately 23.6% . For q1 gaap operating margin is expected to be approximately 11.7% and non-gaap operating margin is expected to be approximately 20.0% . Subscription revenue from application development-related,other emerging technologies offerings for quarter was $125 million, increase of 40% . Portion of total backlog to be billed in future not reflected in financial statements was in excess of $650 million as of Feb 28, 2017vs. Excess of $410 million reported for 2016 . Says portion of total backlog to be billed during fiscal year 2018 was in excess of $330 million as of February 28, 2017 . Fy2017 earnings per share view $2.27, revenue view $2.40 billion -- Thomson Reuters I/B/E/S.  Full Article

Red Hat Q3 adjusted non-GAAP earnings per share $0.61
Wednesday, 21 Dec 2016 04:20pm EST 

Red Hat Inc : Red hat inc - q3 total subscription revenue of $543 million, up 19% year-over-year or 18% in constant currency . Red hat inc sees fy gaap operating margin is expected to be approximately 13.5% and fy non-gaap operating margin is expected to be approximately 23.0% . At end of q3, company's total deferred revenue balance was $1.7 billion, an increase of 15% . Q4 earnings per share view $0.61, revenue view $637.3 million -- Thomson Reuters I/B/E/S . Red hat reports third quarter results for fiscal year 2017 . Q3 revenue $615 million versus i/b/e/s view $618 million . Sees fy 2017 non-gaap earnings per share about $2.27 . Sees q4 non-gaap earnings per share about $0.61 . Sees fy 2017 gaap earnings per share about $1.33 . Sees q4 gaap earnings per share about $0.33 . Q3 adjusted non-gaap earnings per share $0.61 . Q3 gaap earnings per share $0.37 . Sees q4 revenue $614 million to $622 million .Q3 earnings per share view $0.58 -- Thomson Reuters I/B/E/S.  Full Article

Red Hat announces $1 bln stock repurchase program
Wednesday, 22 Jun 2016 04:16pm EDT 

Red Hat Inc : New program is to replace previous $500 million repurchase program that will be terminated effective June 30, 2016 . Intend to utilize balance sheet and ability to generate operating cash flow to fund new repurchase program .Red hat announces $1 billion stock repurchase program.  Full Article

Red Hat Q1 adjusted earnings per share $0.50
Wednesday, 22 Jun 2016 04:15pm EDT 

Red Hat Inc : GAAP operating margin is expected to be approximately 23.0% . Q2 earnings per share view $0.55, revenue view $588.6 million -- Thomson Reuters I/B/E/S . Says for full year GAAP operating margin is expected to be approximately 14.3% and non GAAP earnings per share about $2.19 to $2.23 . Red hat reports first quarter results for fiscal year 2017 . Q1 revenue $568 million versus i/b/e/s view $562.8 million . Sees Q2 2017 non-GAAP earnings per share about $0.54 . Sees Q2 GAAP earnings per share about $0.31 . Q1 adjusted non-GAAP earnings per share $0.50 . Q1 GAAP earnings per share $0.33 . Sees Q2 revenue $587 million to $593 million .Q1 earnings per share view $0.50 -- Thomson Reuters I/B/E/S.  Full Article

BBVA signs strategic collaboration with Red Hat
Wednesday, 25 May 2016 06:04am EDT 

Banco Bilbao Vizcaya Argentaria S.A. :Signs strategic collaboration with Red Hat to accelerate the group's global transformation and technology-driven innovation processes.  Full Article

Eurotech SpA collaborates with Red Hat for end-to-end internet-of-things implementations
Sunday, 28 Feb 2016 07:00pm EST 

Eurotech SpA:Collaborates with Red Hat to integrate operational data with cloud-based back-end services for end-to-end internet-of-things implementations Red Hat is a provider of open source solutions.  Full Article

Red Hat Inc and Black Duck collaborate to deliver secure and trusted linux containers to the enterprise
Tuesday, 20 Oct 2015 09:30am EDT 

Red Hat Inc:Says collaboration with Black Duck Software to deliver secure and trusted linux containers to the enterprise.  Full Article

Red Hat, Inc to Acquire IT Automation and DevOps Leader Ansible
Friday, 16 Oct 2015 06:58am EDT 

Red Hat, Inc:To acquire it automation and devops leader ansible.Acquisition expected to have no material impact to red hat's revenue for third and fourth quarters of its fiscal year ending February 29, 2016.Expects non-GAAP operating expenses for fiscal 2016 will increase by approximately $2.0 million, in the third quarter.Says co is otherwise re-affirming its fiscal 2016 third quarter and full year guidance.Expects non-GAAP operating expenses for fiscal 2016 will increase by approximately approximately $4.0 million in fourth quarter.  Full Article

Red Hat, Inc and Samsung form strategic alliance to deliver the next generation of mobile solutions for the enterprise
Tuesday, 23 Jun 2015 04:00pm EDT 

Red Hat, Inc:Says strategic alliance to deliver the next generation of mobile solutions for the enterprise.Says joint mobility solutions from Red Hat and Samsung Business Services intend to deliver on those needs and help businesses advance and accelerate their mobile initiatives.  Full Article

Red Hat Inc appoints Frank A. Calderoni as Chief Financial Officer-FORM 8-K
Monday, 22 Jun 2015 09:08am EDT 

Red Hat Inc:Appointed Frank A. Calderoni as the Executive Vice President (EVP), Operations and Chief Financial Officer (CFO).Calderoni, 57, joins the company on June 22, and will succeed Charles E. Peters, Jr. as CFO effective July 13.  Full Article

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BRIEF-Red Hat reports Q4 and fiscal year 2017 results

* Red Hat reports fourth quarter and fiscal year 2017 results