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Red Hat Inc (RHT)

RHT on New York Consolidated

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23 Jun 2017
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Latest Key Developments (Source: Significant Developments)

Wipro collaborates with Red Hat for cloud application factory
Thursday, 22 Jun 2017 06:50am EDT 

June 22 (Reuters) - Wipro Ltd ::Says Wipro collaborates with Red Hat for cloud application factory powered by Red Hat openshift container platform.  Full Article

Red Hat Q1 adjusted non-GAAP earnings per share $0.56
Tuesday, 20 Jun 2017 04:15pm EDT 

June 20 (Reuters) - Red Hat Inc :Red Hat reports first quarter results for fiscal year 2018.Q1 revenue $677 million versus i/b/e/s view $647.8 million.Sees fy 2018 non-gaap earnings per share about $2.66 to $2.70.Sees Q2 non-gaap earnings per share about $0.67.Red Hat Inc - at quarter end, total deferred revenue balance of quarter-end deferred revenue balance of $2.05 billion, up 21% year-over-year.Sees FY 2018 gaap earnings per share about $1.76 to $1.80.Sees Q2 gaap earnings per share about $0.43.Q1 adjusted non-gaap earnings per share $0.56.Q1 gaap earnings per share $0.40.Sees fy 2018 revenue about $2.785 billion to $2.825 billion.Sees Q2 revenue about $695 million to $702 million.Q1 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.Red Hat Inc - ‍q1 total subscription revenue of $597 million, up 19% year-over-year or 20% in constant currency​.Red Hat Inc sees for Q2 gaap operating margin to be approximately 15.7%.Red Hat Inc sees for Q2 non-gaap operating margin to be approximately 24.0%.Red Hat sees fy gaap operating margin expected to be approximately 15.4% and non-gaap operating margin expected to be approximately 23.6%.Fy2018 earnings per share view $2.63, revenue view $2.75 billion -- Thomson Reuters I/B/E/S.Q2 earnings per share view $0.65, revenue view $677.4 million -- Thomson Reuters I/B/E/S.  Full Article

Red Hat Inc to acquire Codenvy S.A. - SEC filing
Thursday, 25 May 2017 06:47am EDT 

May 25 (Reuters) - Red Hat Inc :Red Hat Inc says has signed a definitive agreement to acquire Codenvy S.A. - SEC filing.Deal expected to have no material impact to co's guidance for first fiscal quarter ending May 31, 2017, or fiscal year ending Feb. 28, 2018.Red Hat plans to make Codenvy an integral part of OpenShift.io.  Full Article

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

More From Around the Web

BRIEF-Red Hat CEO James Whitehurst's FY 2017 total compensation was $11.1 mln

* ceo James Whitehurst's FY 2017 total compensation was $11.1 million versus $12.7 million in fy 2016 - sec filing Source text: (http://bit.ly/2sZxFRA) Further company coverage: