Red 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."
Red Hat announces OpenStack shared file system service Red Hat announced a technology preview of Red Hat Gluster Storage with capabilities from the OpenStack community’s new Manila project. Expanding the options for hybrid cloud storage, Red Hat Gluster Storage now provides enterprises with a scale-out shared file system service for OpenStack cloud infrastructures.
Credit Suisse to hold a conference 4th Annual Disruptive Technology Conference is being held in San Francisco on May 13-14 with webcasted company presentations to begin on May 13 at 10:35 am; not all company presentations may be webcasted. Webcast Link