At the end of last week, we reported the results for Red Hat’s Fiscal 4th quarter and Fiscal Year 2008. Initial street reaction to our announcement was positive and has been reflected in the press and through trading in the days since the call. Some earnings highlights include:
4Q08 financial highlights
- Revenue: $141.5 million, up 27% y/y
- Subscription revenue: $121.9 million, up 27% y/y
- Bookings: over $200 million
- Cash & investments balance: $1.3 billion
- Repurchased $66 million of our common stock in the quarter
FY08 financial highlights
- Annual revenue $523 million, up 31% y/y
- Subscription revenue $450 million, up 32% y/y
- Deferred revenue of $473 million, up 40% y/y
Last week’s earnings marks the another quarter that Red Hat has posted strong financial results, showing consistent success with our business model, products and services. Many investors and analysts have reacted positively to our ability to deliver strong growth in a softening economy through the value we share with customers. In addition, many investors noted the performance of our JBoss business in Q4 (one third of the top deals this quarter included middleware technology) as a signal for further open source adoption in the data center. As we continue to focus on our core business, here is feedback that we’ve received from some of our financial analysts since last week’s earnings:
- S&P has raised its rating on RHT debt from a B+ to a BB-
- Lehman Brothers stated, “RHT reported a solid Q4 and provided a positive outlook in the face of economic uncertainty. We are encouraged by two quarters in a row of solid execution…”
- Oppenheimer & Co., Inc. said, “JBoss growth appears to be starting to reach management’s expectations…While the near-term investment will likely limit EPS upside in 1HFY09, underlying demand trends appear strong and recent JBoss traction could offer boost to growth if sustained.”
- Deutsche Bank said, “We view Red Hat’s F4Q08 earnings and outlook as a generally good quarter. Better than expected top-line momentum was balanced by lower than expected margins as the company increases investments to drive higher revenue growth.”
- JP Morgan said, “Guidance will bring upward revenue estimate revisions but further reinvestment and below the line items will modestly lower earnings; overall, we expect operating margins to be flat in FY09. FQ4 was not perfectly clean, but the strong deferred revenue and billings trends should alleviate demand-related concerns and will be the takeaways”.
For more Red Hat investor relations news, visit our site.
저자 소개
채널별 검색
오토메이션
기술, 팀, 환경을 포괄하는 자동화 플랫폼에 대한 최신 정보
인공지능
고객이 어디서나 AI 워크로드를 실행할 수 있도록 지원하는 플랫폼 업데이트
클라우드 서비스
관리형 클라우드 서비스 포트폴리오에 대해 더 보기
보안
환경과 기술 전반에 걸쳐 리스크를 감소하는 방법에 대한 최신 정보
엣지 컴퓨팅
엣지에서의 운영을 단순화하는 플랫폼 업데이트
인프라
세계적으로 인정받은 기업용 Linux 플랫폼에 대한 최신 정보
애플리케이션
복잡한 애플리케이션에 대한 솔루션 더 보기
오리지널 쇼
엔터프라이즈 기술 분야의 제작자와 리더가 전하는 흥미로운 스토리
제품
- Red Hat Enterprise Linux
- Red Hat OpenShift Enterprise
- Red Hat Ansible Automation Platform
- 클라우드 서비스
- 모든 제품 보기
툴
체험, 구매 & 영업
커뮤니케이션
Red Hat 소개
Red Hat은 Linux, 클라우드, 컨테이너, 쿠버네티스 등을 포함한 글로벌 엔터프라이즈 오픈소스 솔루션 공급업체입니다. Red Hat은 코어 데이터센터에서 네트워크 엣지에 이르기까지 다양한 플랫폼과 환경에서 기업의 업무 편의성을 높여 주는 강화된 기능의 솔루션을 제공합니다.