Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $75.36 USD
Change Today +6.91 / 10.10%
Volume 10.8M
RHT On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 4:15 PM 03/26/15 All times are local (Market data is delayed by at least 15 minutes).

red hat inc (RHT) Snapshot

Open
$72.70
Previous Close
$68.45
Day High
$76.70
Day Low
$72.28
52 Week High
03/26/15 - $76.70
52 Week Low
04/28/14 - $47.45
Market Cap
13.8B
Average Volume 10 Days
1.5M
EPS TTM
$0.98
Shares Outstanding
183.4M
EX-Date
--
P/E TM
76.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for RED HAT INC (RHT)

red hat inc (RHT) Details

Red Hat, Inc. provides open source software solutions to enterprise customers worldwide. It develops and offers operating system, virtualization, middleware, storage, and cloud technologies. The company’s products include Red Hat Enterprise Linux, an operating system for enterprise computing that runs on mainframes, servers, and work stations; Red Hat Enterprise Virtualization, which includes standalone virtualization functionality and management tools for server and desktop deployments; and Red Hat JBoss Middleware that offers middleware offerings for developing, deploying, and managing applications that are accessible through the Internet, enterprise Intranets, extranets, clouds, and virtual private networks. It also offers Red Hat Storage Server software that enables users to treat storage as a virtualized resource, for deployment on-premise and in cloud computing and hybrid environments, as well as aggregates disk and memory resources into a unified storage pool; and Red Hat cloud offerings that assist users in creating cloud computing environments, such as Red Hat CloudForms, Red Hat Enterprise Linux OpenStack Platform, Red Hat Cloud Infrastructure, and OpenShift by Red Hat. In addition, the company provides Red Hat enterprise services comprising technologies, such as high-performance distributed computing, directory services, and user authentication, as well as offers consulting, support, and training services. Red Hat, Inc. sells its enterprise technologies through annual or multi-year subscriptions. It has strategic partnerships with Advanced Micro Devices, Inc.; ARM Holdings plc; Intel Corporation; Amazon.com, Inc.; Fujitsu; Google Inc.; IBM; and Rackspace Hosting, Inc, as well as collaboration agreement with Wipro Limited and Applied Micro Circuits Corporation. The company was formerly known as Red Hat Software, Inc. and changed its name to Red Hat, Inc. in June 1999. Red Hat, Inc. was founded in 1993 and is headquartered in Raleigh, North Carolina.

red hat inc (RHT) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $800.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $480.0K
Interim Chief Technology Officer, Executive V...
Total Annual Compensation: $480.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $418.8K
Executive Vice President of Global Sales & Se...
Total Annual Compensation: $465.0K
Compensation as of Fiscal Year 2014.

red hat inc (RHT) Key Developments

Red Hat, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended February 28, 2015; Provides Financial Guidance for the First Quarter and Full Year of Fiscal Year 2016

Red Hat, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended February 28, 2015. For the quarter, the company reported total subscription, training and services revenue of $463,942,000 against $400,397,000 a year ago. Income from operations was $67,608,000 against $59,300,000 a year ago. Income before provision for income taxes was $68,877,000 against $61,620,000 a year ago. Net income was $47,700,000 against $45,069,000 a year ago. Diluted net income per share was $0.26 against $0.24 a year ago. Net cash provided by operating activities was $217,384,000 against $184,682,000 a year ago. Purchase of other intangible assets was $2,212,000 against $4,769,000 a year ago. Purchase of property and equipment was $10,563,000 against $17,754,000 a year ago. Non-GAAP adjusted income before provision for income taxes was $116,338,000 against $99,430,000 a year ago. Basic and diluted non-GAAP adjusted net income was $80,584,000 against $75,153,000 a year ago. Diluted non-GAAP adjusted net income per share was $0.43 against $0.39 a year ago. Non-GAAP total subscription, training and services revenue on a constant currency basis was $487,953,000 against $400,397,000 a year ago. Non-GAAP adjusted operating income was $110,513,000 against $97,110,000 a year ago. For the year, the company reported total subscription, training and services revenue of $1,789,489,000 against $1,534,615,000 a year ago. Income from operations was $249,994,000 against $232,289,000 a year ago. Income before provision for income taxes was $255,498,000 against $239,548,000 a year ago. Net income was $180,201,000 against $178,292,000 a year ago. Diluted net income per share was $0.95 against $0.93 a year ago. Net cash provided by operating activities was $622,795,000 against $540,580,000 a year ago. Purchase of other intangible assets was $6,123,000 against $17,972,000 a year ago. Purchase of property and equipment was $45,648,000 against $79,587,000 a year ago. Non-GAAP adjusted income before provision for income taxes was $428,908,000 against $383,697,000 a year ago. Basic and diluted non-GAAP adjusted net income was $302,509,000 against $285,471,000 a year ago. Diluted non-GAAP adjusted net income per share was $1.60 against $1.49 a year ago. Non-GAAP total subscription, training and services revenue on a constant currency basis was $1,825,388,000 against $1,534,615,000 a year ago. Non-GAAP adjusted operating income was $416,112,000 against $376,438,000 a year ago. For the first quarter, keep in mind that the average euro rate a year ago, that's first quarter a year ago, was $1.38, and there were JPY 102 to a dollar, both weakening considerably. With that reminder, the company offer the following guidance. Revenue is estimated to grow approximately 20% in constant currencies to a range of $469 million to $474 million or 12% in U.S. dollars at the top of the range. Non-GAAP operating margin is expected to be approximately 22% as a result of the timing this year of major sales and marketing events globally. With other income of $2 million and a 29% tax rate, non-GAAP EPS is estimated to be around $0.41 a share, assuming approximately 186 million diluted shares. The company forecasting total revenue in the range of $1.99 billion to $2.02 billion. The estimated annual effective tax rate for this fiscal year 2016 remains at 29% for both GAAP and non-GAAP purposes. Assuming 29% tax rate and approximately 186 million diluted shares, one would estimate diluted non-GAAP EPS in the range of $1.79 to $1.82 per share. From a cash flow perspective, the company anticipate operating cash flow for the full year between $670 million to $690 million. Further, the company is forecasting CapEx of approximately $50 million, in line with fiscal '15.

Red Hat Unveils Unified Open Software Defined Storage Portfolio

Red Hat, Inc. announced worldwide availability of a unified open software-defined storage portfolio that brings together Red Hat Ceph Storage, formerly known as Inktank Ceph Enterprise, and Red Hat Gluster Storage, formerly known as Red Hat Storage Server. The unified Red Hat Storage portfolio helps enterprises manage their current and emerging data storage workloads using open source software and standard hardware. Both Red Hat Gluster Storage and Red Hat Ceph Storage are open source, scale-out software-defined storage solutions that run on commodity hardware and have durable, programmable architectures. However, each is well suited for different sets of enterprise workloads, bringing unique and compelling benefits to the enterprise customer. Validated to work with leading partner hardware and software solutions, the Red Hat Storage portfolio gives enterprise customers the confidence that their storage workloads are optimized for open, software-designed storage. Red Hat Gluster Storage is well suited for enterprise virtualization, analytics and enterprise sync and share workloads. Red Hat Ceph Storage is well suited for cloud infrastructure workloads, such as OpenStack. Both Red Hat Ceph Storage and Red Hat Gluster Storage address workloads for archival and rich media, providing customers with choice and ensuring the best fit for their specific storage requirements.

LeShop.ch Creates New Online Shopping Experience with OpenShift Enterprise by Red Hat

Red Hat announced that LeShop.ch has selected OpenShift Enterprise, Red Hat’s on-premise, private Platform-as-a-Service (PaaS), to deploy and manage its new online shopping application. With OpenShift Enterprise, LeShop.ch now has an efficient and scalable platform for developing, running, and operating its online supermarket. OpenShift Enterprise provides LeShop.ch with access to a cloud-based application platform, enhancing its ability to build the applications it needs and have them run in a hybrid cloud architecture, both in their own datacenter and the public cloud. It automates much of the provisioning and management of the application platform stack in a way that enables LeShop.ch’s IT operations team to more easily meet growing business demands for new application services. OpenShift Enterprise also provides an on-demand, elastic, scalable and fully configured application deployment and runtime environment for application developers, so that they can focus on building these new application services.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RHT:US $75.36 USD +6.91

RHT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Akamai Technologies Inc $71.04 USD +0.39
Broadridge Financial Solutions Inc $52.75 USD +0.22
Citrix Systems Inc $63.38 USD +0.53
Equinix Inc $227.86 USD -1.00
Nuance Communications Inc $14.00 USD -0.06
View Industry Companies
 

Industry Analysis

RHT

Industry Average

Valuation RHT Industry Range
Price/Earnings 74.5x
Price/Sales 7.4x
Price/Book 10.3x
Price/Cash Flow 71.7x
TEV/Sales 6.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact RED HAT INC, please visit www.redhat.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.