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Red Hat Reports First Quarter Results for Fiscal Year 2019

  • June 21, 2018
  First quarter total revenue of $814 million, up 20% year-over-year, or 17% in constant currency First quarter Application Development-related and other emerging technology subscription revenue of $189 million, up 37% year-over-year, or 32% in constant currency First quarter operating cash flow of $346 million, up 34% year-over-year Quarter-end deferred revenue balance of $2.4 billion, up 19% year-over-year   Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced financial results for the first quarter of fiscal year 2019 ended... (more)

Red Hat and Juniper Networks Expand Collaboration to Provide a Simplified and More Secure Path to Multicloud

  • May 22, 2018
By integrating Red Hat OpenStack Platform, a highly scalable Infrastructure-as-a-Service (IaaS) platform, and Red Hat OpenShift Container Platform, the industry’s most comprehensive enterprise Kubernetes platform, with Contrail Enterprise Multicloud , a multicloud -ready networking, security, orchestration and monitoring platform designed for any workload and any cloud across multivendor environments, Red Hat and Juniper aim to enable enterprises to more easily manage their full stack in hybrid or multicloud environments with a unified solution, while enabling enterprises to avoid unnecessary... (more)

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