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

Android Leftovers

Emulator now runs x86 apps on all Raspberry Pi models

Eltech’s faster ExaGear Desktop software version now supports ARMv6, in addition to ARMv7, letting users run x86 apps on all models of the Raspberry Pi. Russia-based Eltechs announced its ExaGear Desktop virtual machine last August, enabling Linux/ARMv7 SBCs and mini-PCs to run x86 software. That meant that users of the quad-core, Cortex-A7-based Raspberry Pi 2 Model B, could use it as well, although the software was not yet optimized for it. Read more

Maintaining an open source project at the Guardian

Over the 2015 Easter holiday the Scribe project received more than 3000 stars (a combination of bookmarking, liking and favouriting) on Github, making it easily one of the most popular open-source projects we have created at the Guardian. In addition to that milestone we also celebrated the release to our internal production systems of a number of community-contributed changes to Scribe. Guardian journalists now benefit every day from participation in the open-source community! Read more

Trade agreement could prohibit open source code supply

An international trade agreement under negotiation with Australia, the United States, the European Union and others may have wide-ranging implications for the technology users, according to civil liberties groups. The Electronic Frontier Foundation has analysed leaked drafts of texts for the Trade In Services Agreement (TISA) written in February this year, and claims it would prohibit countries involved from forcing vendors to disclose source code used for applications in their equipment. Read more