Red Hat Inc. (RHT) reported fourth quarter adjusted net income of $0.36 per share after the bell Wednesday, up from $0.29 per share last year. The consensus estimate was for EPS of $0.30. Revenues grew to $347.88 million from $297.01 million last year. Analysts estimated revenues of $349.64 million. The stock is now down 6.17 on 990K shares.
Red Hat posted modest gains around mid-afternoon Wednesday and finished up by 0.72 at $49.97 on above average volume.
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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.