Tag Archives: rht

Red Hat Seen Posting Healthy Fiscal Q3 Sales

Analysts have upbeat revenue expectations for Red Hat (RHT), which reports fiscal third-quarter results on Thursday after the market close. The consensus estimate of 33 analysts polled by Thomson Reuters is for the provider of open-source enterprise software and systems to post earnings of 35 cents a share, excluding options expenses, in fiscal Q3 ended Nov. 30, up 21% from 29 cents in the year-earlier quarter, on revenue of $383.1 million, up

Red Hat, VMware Give Shape To Cloud

A ton of big-name outfits are grabbing onto the trend of cloud computing, and some analysts are high on the companies that keep the cloud afloat. And in the cloud infrastructure game, analysts often point to two vendors — Red Hat (RHT) and VMware (VMW). The underpinnings of cloud computing are the open-source Linux operating system and virtualization software — the main strengths of Red Hat and VMware, respectively. “We like being an arms dealer