Red Hat Inc. (RHT) reported fourth quarter non-GAAP adjusted net income of $0.29 per share after the bell Wednesday, up from $0.26 per share last year. The consensus estimate was for EPS of $0.27. The stock is now up 3.05 on 360K shares.
Red Hat gapped up at the open Wednesday, but pulled back during the second half of the morning. Shares finished down by 0.51 at $51.39 on above average volume. The stock has been pulling back from the highs of the year since Tuesday.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.