• Red Hat is getting slammed after giving disappointing guidance

    5 monthes ago - By Business Insider

    Red Hat is getting smoked after giving disappointing second-quarter guidance.
    It beat on first-quarter 2019 earnings, and Thursday, announced a $1 billion share buyback plan.
    Still, the stock is down.
    Watch Red Hat trade in real time here.
    Shares of Red Hat are getting smoked on Friday, to the tune of 10.52% to $148.30 apiece. The drop comes after the open-source-software-products firm gave disappointing guidance Thursday in its first-quarter 2019 earnings release.
    Although first-quarter revenue of $814 million and adjusted earnings-per-share of $$0.72 beat Wall Street estimates, the...
    Read more ...

     

  • Red Hat is getting slammed after giving disappointing guidance

    Red Hat is getting slammed after giving disappointing guidance

    5 monthes ago - By Business Insider

    Red Hat is getting smoked after giving disappointing second-quarter guidance.
    It beat on first-quarter 2019 earnings, and Thursday, announced a $1 billion share buyback plan.
    Still, the stock is down.
    Watch Red Hat trade in real time here.
    Shares of Red Hat are getting smoked on Friday, to the tune of 10.52% to $148.30 apiece. The drop comes after the open-source-software-products firm gave disappointing guidance Thursday in its first-quarter 2019 earnings release.
    Although first-quarter revenue of $814 million and adjusted earnings-per-share of $$0.72 beat Wall Street estimates, the...
    Read more ...

     

  • Red Hat is getting slammed after giving disappointing guidance

    Red Hat is getting slammed after giving disappointing guidance

    5 monthes ago - By Business Insider

    Red Hat is getting smoked after giving disappointing second-quarter guidance.
    It beat on first-quarter 2019 earnings, and Thursday, announced a $1 billion share buyback plan.
    Still, the stock is down.
    Watch Red Hat trade in real time here.
    Shares of Red Hat are getting smoked on Friday, to the tune of 10.52% to $148.30 apiece. The drop comes after the open-source-software-products firm gave disappointing guidance Thursday in its first-quarter 2019 earnings release.
    Although first-quarter revenue of $814 million and adjusted earnings-per-share of $$0.72 beat Wall Street estimates, the...
    Read more ...