Plus   Neg

Red Hat Inc. (RHT) Has Climbed To A New High On Q4 Results

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.

Red Hat has gapped open sharply higher Thursday morning and is now up 4.02 at $55.41. The stock has broken out past resistance and has set a new high for the year.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Follow RTT