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 rose 15% to $395 million. Analysts expected to see revenue of $451.39 million.
Good Headwinds in the Technology Space
Mutual Funds to Watch
|FDGRX||Fidelity® Growth Company||3.51%|
|RPMGX||T. Rowe Price Mid-Cap Growth||2.80%|
|PRGFX||T. Rowe Price Growth Stock||2.28%|
The Bottom Line
Shares of RHT are up 23% YTD.
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