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Red Hat, Inc. Message Board

  • uplata uplata Mar 27, 2013 5:44 PM Flag

    warns for next q

    Red Hat (RHT) guides on its FQ4 call for FQ1 revenue of $358M-$361M and EPS of $0.30-$0.31, below a consensus of $366.6M and $0.32. FY14 guidance is for revenue of $1.51B-$1.54B and EPS of $1.31-$1.35, below a consensus of $1.55B and $1.38. Management has referenced macro issues (in the U.S., Europe, and Japan) a few times, and has also mentioned U.S. federal "uncertainty." Analysts have provided pointed questions about Red Hat's invoicing terms, as unbilled backlog grows at a faster pace than billings. Shares pare their losses

 
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76.74-0.53(-0.69%)Jun 1 4:01 PMEDT