** charts after earnings **
Red Hat beats by $0.02, reports revs in-line; guides Q4 EPS ~in-line, revs above consensus :
- Reports Q3 (Nov) earnings of $0.48 per share, excluding non-recurring items, $0.02 better than the Capital IQ Consensus of $0.46; revenues rose 14.8% year/year to $523.6 mln (+21% ex-FX) vs the $521.45 mln Capital IQ Consensus.
- Subscription revenue from Infrastructure-related offerings for the quarter was $373 million, an increase of 12% in U.S. dollars year-over-year and 18% measured in constant currency. Subscription revenue from Application Development-related and other emerging technologies offerings for the quarter was $84 million, an increase of 37% in U.S. dollars year-over-year and 45% measured in constant currency.
- Billings $620 mln vs. ests of ~$588 mln
- Co issues guidance for Q4, sees EPS of $0.47, excluding non-recurring items, vs. $0.48 Capital IQ Consensus; sees Q4 revs of $535-539 mln vs. $533.16 mln Capital IQ Consensus.
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