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News

What Red Hat's Earnings Mean for Mutual Fund Investors (RHT)

Shauna O'Brien Dec 19, 2014



Inside the Results


The company reported earnings of $48 million, or 26 cents per share. Adjusted income came in at 42 cents per share, above analysts’ estimate of 40 cents per share.

Revenue
Revenue rose 15% to $395 million. Analysts expected to see revenue of $451.39 million.


Good Headwinds in the Technology Space



Mutual Funds to Watch



The Bottom Line


Shares of RHT are up 23% YTD.

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