Red Hat Inc. Profit Rises 20% In Q4

(RTTNews) - Red Hat Inc. (RHT) announced earnings for its fourth quarter that climbed compared to the same period last year.

The company said its bottom line advanced to $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: $0.50 Next quarter revenue guidance: $558 - $566 Mln Full year EPS guidance: $2.22 - $2.26 Full year revenue guidance: $2.380 - $2.420 Bln