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Stock Market & Financial Investment News

News Breaks
June 18, 2014
18:00 EDTRHTRed Hat says recent acquisitions to add to OpenStack effort but dilutive to EPS
On the Q1 earnings conference call the company referred to recent acquisitions of Inktank and eNovance ."Excluding these acquisitions, we would be raising our guidance for non-GAAP operating margins and EPS by 50 basis points and 5c a share respectively. However, factoring in the expected dilution from these acquisitions results in a revised full year guidance for non-GAAP operating margin of around 23%, and EPS in the range of $1.52 to $1.54 per share. Our operating cash flow guidance is unchanged at $580M to $600M for the year."
News For RHT From The Last 14 Days
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November 21, 2014
10:01 EDTRHTOn The Fly: Analyst Initiation Summary
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November 20, 2014
16:17 EDTRHTRed Hat initiated with a Hold at Jefferies
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