|Bid||145.00 x 800|
|Ask||145.01 x 1000|
|Day's Range||141.53 - 149.00|
|52 Week Range||94.47 - 177.70|
|PE Ratio (TTM)||103.62|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Red Hat (NYSE:RHT) reported earnings last night and Wall Street absolutely hated what they saw and heard. The options markets were only expecting a +/-$8, yet the stock is falling $23-per-share on the headline.
Red Hat Inc (NYSE: RHT ) shares are under pressure after the software company reported above-consensus first-quarter non-GAAP earnings per share and 20-percent year-over-year revenue growth. Red Hat's ...
U.S. stock-index benchmarks opened solidly higher Friday, with the Dow industrials attempting to snap a eight-day skid, amid rising tensions over global trade between the U.S. and its partners in China and Europe. An agreement between members of the Organization of the Petroleum Exporting Countries and other oil producers to lift an output curb also was in focus. The Dow Jones Industrial Average (DJIA) rose 150 points, or 0.6%, at 24,608, the S&P 500 index (SPX) climbed 0.5% to 2,762.
MARKET PULSE Shares of Red Hat Inc. (rht) are down nearly 14% in premarket trading Friday after analysts weighed in on the company's latest financial outlook, which fell short of expectations. "Fiscal 2019 guidance was lowered by 2 points of growth, due entirely to greater FX headwinds," wrote Jefferies analyst John DiFucci.
Red Hat (RHT) first-quarter results benefit from strong cross-selling and robust demand for Ansible and OpenShift. However, middleware weakness is likely to hurt the top line in fiscal 2019.
Red Hat stock started falling late Thursday as the open-source software firm announced its first quarter results.
CNBC's Jim Cramer breaks down why cloud-based enterprise software stocks are still red-hot despite Red Hat's disappointing guidance. The "Mad Money" host also hears from the CEOs of Okta and Zume, Inc. In the lightning round, Cramer recommends two plays for the current market environment.
Red Hat Inc on Thursday missed Wall Street expectations for current-quarter and full-year revenue due to a strengthening dollar, sending shares of the Linux operating system distributor down nearly 12 ...
Red Hat (NYSE:RHT) unveiled its latest quarterly earnings results, which topped analysts’ expectations, but its shares were stagnant as its current-quarter guidance missed the mark. The company posted first-quarter earnings of 72 cents per share on an adjusted basis to kick off its fiscal 2019. Analysts were calling for adjusted earnings of 69 cents per share, according to data compiled by Thomson Reuters.
Check out the companies making headlines after the bell: Shares of Red Hat RHT plummeted more than 11 percent in extended-hours trading, after the company reported better than expected first quarter earnings and revenue , but reported weak guidance.
Red Hat, Inc. (RHT) just released its latest quarterly financial results, posting adjusted earnings of $0.72 per share and revenues of $314 million.
MARKET PULSE Red Hat Inc. (rht) shares plunged more than 10% in the extended session Thursday after the company issued weaker than expected second-quarter guidance. Red Hat stock closed down 2.2% to $165.
On a per-share basis, the Raleigh, North Carolina-based company said it had net income of 59 cents. Earnings, adjusted for one-time gains and costs, came to 72 cents per share. The results exceeded Wall ...
Red Hat had low guidance for the second fiscal quarter and the full fiscal year. Red Hat RHT stock fell by more than 11 percent on Thursday after the company reported better-than-expected earnings for the first quarter of its 2019 fiscal year but lower-than-expected guidance. Red Hat saw a 48 percent increase in the number of deals above $1 million that it closed during the quarter, CEO Jim Whitehurst said on a Thursday conference call with analysts.
Red Hat Inc reported a 50 percent rise in quarterly profit on Thursday, as the Linux operating system distributor saw higher subscriptions for its software based offerings. The company reported a profit ...
Red Hat Inc (NYSE:RHT) saw a decent share price growth in the teens level on the NYSE over the last few months. With many analysts covering the large-cap stock, weRead More...
shares tumbled about 10 per cent in after-hours trading after the software company’s outlook came in below analysts' expectations owing to unfavourable changes in foreign exchange rates. The cloud computing company said it expected full-year revenue between $3.375bn and $3.41bn, and unadjusted earnings of $2.36 to $2.40 a diluted share. While the median Wall Street forecast for earnings of $2.37 a share was within range, analysts were looking for higher sales of $3.45bn, according to a Thomson Reuters showed.
Red Hat’s growth in cloud computing may be coming at the expense of older software products as customers shift spending, says a Raymond James analyst, who downgraded the stock ahead of earnings.
Heading into Thursday's earnings report, investors should no longer be bullish on Red Hat Inc (NYSE: RHT ), according to Raymond James. The Analyst Raymond James' Michael Turits downgraded Red Hat from ...
Raleigh-based open-source software firm Red Hat is getting ready to expand in downtown. When Buku moves its ground-floor restaurant at Red Hat Tower from Raleigh to Cary, Red Hat is moving in, the company confirms. The Davie Street building currently hosts 2,200 of Red Hat's employees.
Red Hat's (RHT) first-quarter fiscal 2019 earnings are likely to benefit from solid partner base and strong traction of OpenShift.
Shares of RedHat Inc. are down 2% in premarket trading Tuesday after Raymond James analyst Michael Turits downgraded the stock to market perform from outperform following recent reseller checks, which ...