$RHT (Red Hat, Inc.)

$RHT {{ '2015-09-21T21:46:33+0000' | timeago}} • Webcast

The main driver for $RHT's 2Q16 total revenue growth was subscription revenue of $442MM, an increase of 21% in constant currency and 13% YoverY in USD. In USD, this renewable revenue stream now constitutes 88% of total revenue, which provides $RHT with a high level of future revenue visibility and predictability.

$RHT {{ '2017-12-20T17:09:18+0000' | timeago}} • Webcast

$RHT said it continues to expect bookings duration metric to be lower in 4Q18 than last year's record 25 months. Additionally, the company added that it renewed all of its top 25 deals that were due for renewal and renewed it in aggregate at greater than 120% of their previous value.

$RHT {{ '2017-12-20T14:35:30+0000' | timeago}} • Announcement

For 4Q18, $RHT expects revenue to be approx. $758-763MM, with GAAP operating margin expected to be about 16.7%. Diluted GAAP EPS for 4Q18 is expected to be about $0.54 per share, assuming 186MM fully diluted shares outstanding, while diluted non-GAAP EPS expected to be about $0.81 per share.

$RHT {{ '2017-12-20T14:31:44+0000' | timeago}} • Announcement

$RHT gave optimistic guidance for FY18, with revenue expected to be approx. $2.906-2.911Bil and GAAP operating margin expected to be approx. 16.1%. For FY18, GAAP and non-GAAP EPS is expected to be approx. $2.02 per share and $2.88 per share respectively. Additionally, operating cash flow is expected to be about $900-910MM.

$RHT {{ '2017-12-20T14:24:30+0000' | timeago}} • Announcement

Open source software provider $RHT, which recently announced partnerships with $BABA and SoftBank, saw a surge in its 3Q18 profit, driven by higher subscriptions and higher revenue. Profit surged 49% to $101.3MM or $0.54 per share, up from $68MM or $0.37 a year earlier. Revenue rose 22% to $748MM. On an adjusted basis, $RHT earned $0.73 per share.

$RHT {{ '2017-12-19T21:48:46+0000' | timeago}} • Infographic

$RHT Red Hat, Inc. Earnings AlphaGraphic: Q3 2018 Highlights

$RHT {{ '2017-10-12T13:05:37+0000' | timeago}} • Announcement

$RHT to join forces with $BABA's cloud computing arm, Alibaba Cloud, to bring Red Hat’s open source solutions to Alibaba Cloud’s customers. $BABA will offer Red Hat's products to its customers and host $RHT's customers on its public cloud platform. Customers would now be able to migrate their on-premise $RHT subscriptions to $BABA's public cloud.

$RHT {{ '2017-09-25T21:41:11+0000' | timeago}} • Infographic

$RHT Red Hat Earnings AlphaGraphic: Q2 2018 Highlights

$RHT {{ '2017-09-25T20:42:19+0000' | timeago}} • Announcement

For 3Q17, $RHT sees revenue of $730-737MM with GAAP EPS of $0.48. In FY17, revenue is expected to be $2.88-2.90Bil with $1.89-1.91 per share.

$RHT {{ '2017-09-25T20:38:59+0000' | timeago}} • Announcement

With a 21% jump in 2Q17 revenue of $723MM, open source solutions provider $RHT posted earnings of $97MM or $0.53 per diluted share, compared with $5 MM or $0.32 per diluted share a year ago.

$RHT {{ '2017-08-29T21:19:21+0000' | timeago}} • Announcement

$RHT's BoD has appointed Narendra K. Gupta as chairman of the board. Gupta, a member of $RHT’s board since 2005 and a member of the board’s compensation committee, succeeds retired US Army Gen. H. Hugh Shelton, who recently retired from the board.

$MSFT {{ '2017-08-22T13:58:59+0000' | timeago}} • Announcement

$MSFT and $RHT expand their existing partnership in the area of Windows Server containers and SQL Server. Under this partnership, Microsoft will be adding Windows support in Red Hat OpenShift, OpenShift Dedicated on Azure and SQL Server support in OpenShift and Red Hat Linux.

$RHT {{ '2017-07-31T21:38:51+0000' | timeago}} • Announcement

$RHT has acquired Permabit Technology Corporation, a provider of software for data deduplication, compression and thin provisioning. The transaction is expected to have no material impact to $RHT’s 2Q18 or FY18 guidance.

$RHT {{ '2017-07-11T19:41:03+0000' | timeago}} • Announcement

The Fedora Project, a $RHT sponsored and community-driven open source collaboration, announced the general availability of Fedora 26, the latest version of the fully-open source Fedora operating system. The new edition brings containerized Kubernetes, DNF 2.0 and expanded support for application build systems.

$RHT {{ '2017-06-29T13:02:58+0000' | timeago}} • Announcement

$RHT has opened its new facility in the Seaport District of Boston. It is Red Hat’s second location in the greater Boston area and complements its worldwide engineering and product headquarters located in Westford, Massachusett.

$RHT {{ '2017-06-20T22:03:07+0000' | timeago}} • Webcast

$RHT saw a tick up in its services business during 1Q18 and still sees continued momentum through 2Q18, helped by the emerging products bookings happened in 3Q17 and 4Q17. The company, however, expects the momentum to be tapering off in second half of the year.

$RHT {{ '2017-06-20T21:27:17+0000' | timeago}} • Webcast

$RHT continues to see bookings growth across geographies. For 1Q18, 55% of bookings came from the Americas, 24% from EMEA and 21% from Asia Pacific versus a 60%, 21%, 19% split in 1Q17. The Asia-Pacific and EMEA regions had the strongest growth, while North America performance offset by the continued external challenges in Latam region.

$RHT {{ '2017-06-20T21:20:16+0000' | timeago}} • Webcast

During 1Q18, $RHT drove a 40% growth in application development-related and other emerging technology subscription revenue, which now has an annual run rate of over $500MM. The company said its largest customers continue to expand their commitments, as the company renewed all of its top 25 largest deals during 1Q18.

$RHT {{ '2017-06-20T21:15:18+0000' | timeago}} • Webcast

For 1Q18, $RHT delivered its highest Q1 total revenue growth rate in four years at 19%. The company's subscription revenue for infrastructure-related offerings, which mainly comprised of flagship Red Hat Enterprise Linux (RHEL) technologies, is approaching a $2Bil annual run rate and grew 14% YoY in the first quarter.

$RHT {{ '2017-06-20T20:45:43+0000' | timeago}} • Infographic

$RHT Red Hat Earnings AlphaGraphic: Q1 2018 Highlights

$RHT {{ '2017-06-20T20:45:15+0000' | timeago}} • Announcement

For 2Q18, $RHT sees revenue of $695-702MM. Diluted GAAP EPS is expected to be approx $0.43 per share and non-GAAP EPS is expected to be about $0.67 per share. A GAAP operating margin of about 15.7% is predicted.

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