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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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July 21, 2014
07:15 EDTRHTO'Reilly to hold a conference
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July 10, 2014
09:35 EDTRHTRed Hat, Google collaborate on open standard for Docker containers at scale
Red Hat (RHT) and Google (GOOG) are collaborating to drive a new open standard around orchestrating Docker containers, a standard for application packaging in containerized environments, at scale for the management of cloud application deployments, Red Hat announced in a post to its corporate website. Reference Link
July 9, 2014
11:00 EDTRHTWells says VMware growth could slow, downgrades shares
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07:25 EDTRHTVMware downgraded to Market Perform from Outperform at Wells Fargo
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