Red Hat Q4 Earnings Beat As Subscriptions Jump

By | March 27, 2014

Scalper1 News

Red Hat continues to make gains in the cloud. The enterprise software company late Thursday posted Q4 earnings and revenue that topped Wall Street expectations. It’s the fourth straight quarter EPS beat views. But the company issued a light outlook for the current quarter, and Red Hat (RHT) stock was down a fraction in after-hours trading. Red Hat stock rose a fraction in the regular session to 56.13. Shares touched a nearly two-year high of 61.45 Scalper1 News

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