Red Hat Reports Mixed 4Q
Posted on March 29, 2012 at 09:05 AM EDT
Red Hat Inc. (NYSE:RHT) reported fourth quarter 2012 earnings of 19 cents per share, which failed to beat the Zacks Consensus Estimate by a penny. Earnings per share (EPS) (including stock-based compensation expenses but excluding amortization) remained flat when compared with the year-earlier quarter. Revenue Total revenue increased 21.0% year over year to $297.0 million, [...]

Red Hat Inc. (NYSE:RHT) reported fourth quarter 2012 earnings of 19 cents per share, which failed to beat the Zacks Consensus Estimate by a penny. Earnings per share (EPS) (including stock-based compensation expenses but excluding amortization) remained flat when compared with the year-earlier quarter.
Revenue
Total revenue increased 21.0% year over year to $297.0 million, which not only surpassed management’s guided range of $289.0 to $292.0 million but was also above the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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