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Red Hat, Inc. Message Board

  • ultima70 ultima70 Dec 19, 2011 4:32 PM Flag

    will wait for conference call but numbers

    are clearly disappointing. Revenues were only in line with guidance (beat by a wide margin last quarter) and deferred revenue growth is actually slowing (only 20% compared to 25% for the last few quarters). Subscription revenue growth is also slowing.

    Company will for sure face some tough questions on the conference call, perhaps they will have some pretty good answers but I doubt this.

    At current valuation levels the company needs at least 120% execution but they clearly failed to deliver this time.

    If management fails to make some big points on the cc I would expect some downgrades tomorrow and a real nosedive for the stock.

 
RHT
73.93-0.88(-1.18%)Apr 17 4:00 PMEDT