Red Hat Q3 EPS, Sales Beat; Shares Climb

By | December 17, 2015

Scalper1 News

Red-hot Linux-based software provider Red Hat late Thursday reported fiscal Q3 earnings and revenue that beat expectations, sending shares rising after hours. Shares were up more than 6% in extended trading, after rising a fraction in Thursday’s regular session to 78.86. That’s 5% off the 83 Red Hat (RHT) stock touched on Nov. 5, its highest price since February 2000 near the height of the dot-com bubble. The Raleigh, N.C.-based Scalper1 News

Scalper1 News