Red Hat Inc. Q4 Income Rises 20%

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%

Next quarter EPS guidance: $0.50
Next quarter revenue guidance: $558 - $566 Mln

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