Language Selection

English French German Italian Portuguese Spanish

Forbes Earnings Preview: Red Hat

Filed under
Linux

Analysts are expecting Red Hat to come in with earnings of 21 cents per share, 4.5% less than a year ago when it reported earnings of 22 cents per share.

For the fiscal year, analysts are expecting earnings of 87 cents per share. Revenue is projected to be $322.1 million for the quarter, 14.5% above the year-earlier total of $281.3 million. For the year, revenue is projected to roll in at $1.33 billion.

Revenue has grown by double digits year-over-year for the last four quarters. Over that period, revenue has grown by an average of 22.8%. The biggest boost came in the second quarter of the last fiscal year when revenue increased 28% year-over-year.

Rest here




More in Tux Machines

Latest Openwashing

Goodbye Apple, goodbye Microsoft... hello Linux

A year on, my office computer is still humming along happily on Linux Mint. In fact I’m so satisfied that I have taken the final plunge and replaced my home computer with a Linux system as well. Read more

Raspberry Pi arrives on PC/104… sort of

Crowd Supply is hosting a “Pi/104” carrier for the RPi Compute Module 3 featuring PC/104 OneBank expansion, a 40-pin RPi header, and -25 to 80°C support. Here’s something we haven’t seen before. Developer Adam Parker has launched a stackable PC/104 form factor carrier board on Crowd Supply designed to work with the Linux-driven Raspberry Pi Compute Module 3. The industrial-targeted carrier provides -25 to 80°C support and an 8-36V input with screw terminal connector. Read more

Today in Techrights