[CCID News] On September 21, Hong Kong and Taiwan media reported that the world's largest Linux operating system agent Red Hat (US; Rhat) said that the company's profit increased by more than three times in the second quarter, and sales increased by 60%.
Red Hat has climbed to 11.8 million US dollars in the second quarter, or 6 cents per share, higher than that of T homsonfinancial for 19 analysts to investigate the estimated per share 5 cents, compared to 3.64 million US dollars in the same period last year, or 2 cents per share.
Sales in the same period, with $ 29 million from the same period of the previous year, climbed to $ 46.3 million, lower than the market analyst estimated $ 47.5 million. Red Hat CEO said that some contracts were over the expected evening.
Jefferies & Co. analyzer K atherine Egbert said that financial data seems to be roughly good, especially profit, and the number of new enterprises. He listed the investment review as "Buy" and did not hold the shares.
Red Hat Chief Financial Officer Charles Peters said in a conference call that sales will also be lower than expected, between $ 50 million to 52 million US dollars, lower than THOMSon's estimated $ 54.1 million.
After the announcement of the RED HAT Stock Price, the Red Hat stock prices further set with 27 cents and reported $ 14.83. The stock fell 13 cents in the normal trading time of US stocks and reported $ 15.10.
From:
Sidi Net
