Red Hat Inc. (RHT) released a profit for its fourth quarter that climbed compared to the same period last year.
The company said its bottom line came in at $97.03 million, or $0.52 per share. This was up from $80.58 million, or $0.43 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.47 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 17.1% to $543.50 million. This was up from $463.94 million last year.
Red Hat Inc. earnings at a glance:
-Earnings (Q4): $97.03 Mln. vs. $80.58 Mln. last year.-Earnings Growth (Y-o-Y): 20.4%-EPS (Q4): $0.52 vs. $0.43 last year.-EPS Growth (Y-o-Y): 20.9%-Analysts Estimate: $0.47-Revenue (Q4): $543.50 Mln vs. $463.94 Mln last year.-Revenue Change (Y-o-Y): 17.1%
-Guidance:Next quarter EPS guidance: $0.50Next quarter revenue guidance: $558 - $566 Mln
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