Scalper1 News
Red Hat is benefiting from an expanding business model. The enterprise software company on Wednesday followed a strong Q3 report in December with fourth-quarter earnings that beat analyst estimates, as the company grows beyond its core Linux operating system software. Red Hat’s (RHT) earnings outlook for the current quarter was ahead of views. But its sales target was below where Wall Street was modeling. Red Hat stock rose 5% in after-hours Scalper1 News
Scalper1 News