Language Selection

English French German Italian Portuguese Spanish

2 Reasons Red Hat Really Shouldn't Be This Cheap

Filed under
Linux

Shares of Red Hat took a beating when the company's second-quarter report hit the newswires. But CEO Jim Whitehurst isn't worried.

Red Hat beat analyst estimates both on earnings and revenues by growing sales 16% year over year and adjusted earnings by 25%. Analysts and investors ignored all this good news to focus on the billings proxy, a forward-looking measure of upcoming revenues. On that measure -- on which Red Hat doesn't offer any guidance -- the 8% higher number fell short of Wall Street's 12% projections. Red Hat has seen this market reaction before, but the business growth hasn't slowed down like the panic sellers expected.

In a phone call with Fool analyst Anders Bylund, Whitehurst explained two big reasons investors shouldn't focus on the billings proxy. Spoiler alert:

Rest here




More in Tux Machines

SUSE Leftovers

  • openSUSE Heroes meeting, day 2
    After a long, but exciting first day, we even managed to get some sleep before we started again and discussed the whole morning about our policies and other stuff that is now updated in the openSUSE wiki. After that, we went out for a nice lunch…
  • Installing Tumbleweed, November 2016
    The Tumbleweed system that I already have installed had desktops KDE, Gnome, XFCE and LXDE. But for recent intstalls (as with Leap 42.2), I have been going with KDE, Gnome, XFCE, LXQt, FVWM and MATE. So it seemed reasonable for the new Tumbleweed install to follow the same path. I also added Enlightenment for experimenting.

Android Leftovers

Linux Graphics

  • LibRetro's Vulkan PlayStation PSX Renderer Released
    A few days back I wrote about a Vulkan renderer for a PlayStation emulator being worked on and now the code to that Vulkan renderer is publicly available. For those wanting to relive some PlayStation One games this week or just looking for a new test case for Vulkan drivers, the Vulkan renderer for the LibRetro Beetle/Mednafen PSX emulator is now available, months after the LibRetro folks made a Vulkan renderer for the Nintendo 64 emulator.
  • Etnaviv DRM Updates Submitted For Linux 4.10
    The Etnaviv DRM-Next pull request is not nearly as exciting as MSM getting Adreno 500 series support, a lot of Intel changes, or the numerous AMDGPU changes, but it's not bad either for a community-driven, reverse-engineered DRM driver for the Vivante graphics cores.
  • Mesa 12.0.4 Being Prepped For Ubuntu 16.10/16.04
    Ubuntu is preparing Mesa 12.0.4 for Ubuntu Xenial and Yakkety users. It's not as great as Mesa 13, but at least there are some important fixes back-ported. Mesa 12.0.4 is exciting for dozens of bug fixes, including the work to offer better RadeonSI performance. But with Mesa 12.0.4 you don't have the RADV Vulkan driver, OpenGL 4.5, or the other exciting Mesa 13 work.

Games for GNU/Linux