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Red Hat, Inc. engages in the provision of open source software solutions. The firm operates its business through the following segments: Americas, EMEA, Asia Pacific, and Corporate. Read More The company was founded by Robert F. Young in March 1993 and is headquartered in Raleigh, NC.
Raleigh, North Carolina
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Red Hat (RHT) Gears Up for Q4 Earnings: What's in the Cards?
Red Hat Inc. RHT is set to report fourth-quarter fiscal 2019 results on Mar 25. We note that, on average, the company has delivered a positive earnings surprise of 8.7% in the trailing four quarters. In the last-reported quarter, Red Hat delivered positive earnings surprise of 10.3%. Earnings increased 31.5% on a year-over-year basis, primarily driven by 13.2% growth in revenues, which totaled $846.8 million. IBM Set to Acquire Red Hat International Business Machines IBM is set to acquire Red Ha...
Stock Valuation: Red Hat (NYSE: RHT)
Red Hat is in the application software industry and trades as part of the technology sector. The company CEO is James M. Whitehurst. Red Hat Inc is a software company operating business across the world. It is primarily engaged in providing services to its version of the open-source Linux software operating systems, middleware, storage, virtualization, and management tools. Previous Intraday Trading Performance: The RHT stock showed a previous change of 0.03% with an open at 181.70 and a close of 181.84. ...
Yahoo FinanceMar 18
Red Hat (RHT) Reports Next Week: Wall Street Expects Earnings Growth
Wall Street expects a year-over-year increase in earnings on higher revenues when Red Hat (RHT) reports results for the quarter ended February 2019. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
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Available Mar 25, After Hours