Red Hat guides light; shares now -0.2% AH


Red Hat (RHT) guides on its FQ4 CC for FQ1 revenue of $412M-$415M and EPS of $0.32-$0.33, below a consensus of $415.9M and $0.38.  FY15 (ends Feb. '15) guidance is for revenue of $1.73B-$1.75B and EPS of $1.54-$1.56, below a consensus of $1.76B and $1.63.

Shares have given back the AH gains they saw after the enterprise Linux/middleware vendor posted an FQ4 beat and provided strong billings/deferred revenue numbers.

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Comments (1)
  • ARAMAMNI
    , contributor
    Comments (118) | Send Message
     
    This is BS. They beat on everything. I am so fed up with this market.
    27 Mar 2014, 07:48 PM Reply Like
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