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

Discourse

Discourse is an open-source project, hosted at GitHub (see Resources), licensed under the GNU General Public License, version 2. It is backed by Atwood's company, which has the fantastic name of Civilized Discourse Construction Kit, Inc., and it aims to profit through installing and supporting Discourse. Read more

EXT4 In Linux 3.18 Has Clean-ups, Bug Fixes

With Linux 3.18-rc1 having came one week early, the EXT4 file-system pull request didn't end up landing until today. However, the EXT4 changes aren't overly exciting for the 3.18 merge window. The EXT4 changes for the Linux 3.18 kernel merge window come down to mostly just code clean-ups and bug fixes along with some minor journal optimizations. Read more

Free and Open Source Electronic Signature in Costa Rica

The LibreOffice component designed by the University of Costa Rica (UCR) is similar to similar software enhancements currently used for electronic signatures in other countries. Read more

Rejuvenate your Fedora desktop with Moka

Moka started as a single Linux desktop icon theme, but over time it has gradually evolved into an entire project & brand identity that provides quality designs to people. Moka is about personalization and its goal is to provide an assortment of style options to allow you to customize your experience. Read more