RHT F3Q08 (Qtr End 11/30/07) Earnings Call Transcript

Dec. 20, 2007 11:47 PM ETRed Hat, Inc. (RHT)
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Red Hat, Inc. (NYSE:RHT) F3Q08 Earnings Call December 20, 2007 5:00 PM ET

Executives

Katrinka McCallum - Vice President of Investor Relations

Matthew Szulik - Chairman, President, and Chief Executive Officer

Charles Peters -Executive Vice President and Chief Financial Officer

Analysts

Brent Thill - Citigroup

Jason Maynard - Credit Suisse

Brendan Barnicle - Pacific Crest Securities

Kash Rangan - Merrill Lynch

Adam Holt – JP Morgan

Sarah Friar - Goldman Sachs

Tim Klasell - Thomas Weisel Partners

Brent Williams - TheBenchmark Company

Heather Bellini - UBS

Mark Murphy - Broadpoint

Todd Raker - Deutsche Bank

Steve Ashley - Robert W Baird

Tom Curlin - RBC

Kirk Materne - Banc of America

Erika Bukavinski -Jefferies

Trip Chowdhry - Global Equities

Operator

My name is Jason andI will be your conference facilitator today. At this time I would like to welcome everyone to the Red Hat third quarter fiscal year 2008earnings conference call. All calls have been placed on mute to preventany background noise. After the speaker’s remarks there will be a question and answer period. (Operator Instructions) As a reminder, ladies and gentlemen, thisconference is being recorded today, December 20, 2007. Thank you. I would now like tointroduce Ms. Katrinka McCallum, Vice President of Investor Relations. Ms. McCallum, you may begin your conference.

Katrinka McCallum

Great, thanks,Jason. Welcome to Red Hat’s thirdquarter fiscal year 2008 earnings call. Speakers for today’s call will be Matthew Szulik, Chairman, President, and Chief Executive Officer,and Charlie Peters, Executive Vice President and Chief Financial Officer.

Our earnings pressrelease and our press release announcing the separation of the Chairman and CEO roles were issued after marketclosed today and may be downloaded from www.redhat.com or requested by calling InvestorRelations.

Various remarks thatwe may make about the company’s future expectations, plans, and prospects, includingstatements containing the words believe, anticipate, plan, project,estimate, expect, intend, or will, constitute forward-looking statements for

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