Red Hat Inc. (RHT) reported first quarter non-GAAP EPS of $0.30 after the close Wednesday, up from $0.24 in the previous year. The consensus estimate was for EPS of $0.27. The stock is now down 6.11 on 727K shares.
Red Hat dipped slightly at the open Wednesday, but settled into a range for the majority of the session. The stock finished down by 0.42 at $56.50.
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