“Red Hat (NYSE: RHT) is set to report its third-quarter fiscal
2010 earnings at the close of market today — capping off an active
quarter of new releases and business activities for the enterprise
Linux vendor.“For the quarter ended Nov. 30, Wall Street analysts project
revenues of $188 million and earnings of $0.16 per share, according
to Thomson Reuters. That’s in line with Red Hat executives’ own
earlier guidance during the company’s second-quarter fiscal 2010
analyst call, during which they provided revenue projections in the
$187-$189 million range.“Both Red Hat’s own guidance and the analyst estimates represent
a gain over the $165 million in revenue that Red Hat reported for
the same quarter last year. But Wall Street earnings per share
(EPS) forecasts come in below fiscal Q309’s earnings of $0.24 per
share before charges.”
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.