Full Transcript of Red Hat’s F3Q06 (Qtr Ending Nov 30, 2005) Conference Call — Prepared Remarks (RHAT)

Here’s the entire text of the prepared remarks from Red Hat’s (ticker: RHAT) fiscal Q3 2006 conference call. The Q&A is here. We recognize that this transcript may contain inaccuracies - if you find any, please post a comment below and we’ll incorporate your corrections. And please note: this conference call transcript is a Seeking Alpha product, so feel free to link to it but reproduction is not permitted without the explicit permission of Seeking Alpha.

Executives:

Dion Cornett, VP, IR
Matthew Szulik, Chairman, President, Chief Executive Officer
Charles Peters, EVP, Chief Financial Officer

Analysts:

Jason Maynard, Credit Suisse
Brent Thill, Prudential
Brendan Barnicle, Pacific Crest Securities
Terry Tillman, SunTrust Robinson Humphrey
Tim Klasell, Thomas Weisel Partners
Chris Kwak, SIG
Mark Murphy, First Albany
Rick Sherlund, Goldman Sachs
Brent Williams, Keybanc Capital Markets
Todd May, Deutsche Bank
Heather Bellini, UBS
Trip Chowdhry, FTN Midwest Security
Steve Ashley, Robert Baird
Chris Russ, Wachovia security

Presentation

Operator

Good afternoon. My name is Casey and I will be your conference facilitator today. At this time I would like to welcome everyone to the Red Hat Third Quarter Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks there will be a question and answer period. If you would like to ask a question during this time simply press “*