Red Hat reports Q4 adjusted EPS $1.16, consensus $1.01 - InvestingChannel

Red Hat reports Q4 adjusted EPS $1.16, consensus $1.01

Reports Q4 revenue $879M, consensus $883.85M. Subscription revenue from Infrastructure-related offerings for the quarter was $549 million, an increase of 8% year-over-year, or 10% measured in constant currency. Subscription revenue from Application Development-related and other emerging technology offerings for the quarter was $225 million, an increase of 30% year-over-year, or 34% measured in constant currency.