RHT

Discussion in 'Stocks' started by dealmaker, Jun 22, 2018.

  1. dealmaker

    dealmaker

    Red Hat slides on low guidance
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    As a whole, the enterprise software company said in a statement that revenue rose 20 percent year over year in the quarter. Red Hat saw a 48 percent increase in the number of deals above $1 million that it closed during the quarter, CEO Jim Whitehurst said on a Thursday conference call with analysts. (CNBC)
     
  2. vikasd

    vikasd

    well the street wants subscription sw. you cannot beat and raise in that model. that model is supposed to smooth out rev and earnings.
     
  3. vanzandt

    vanzandt

    What if you sign up more new subs than expected? Beat and raise.
     
  4. vikasd

    vikasd

    Yes in the days of transition from perpetual to subscription you get those beats/raise. But then you get to steady state and stay there. I thought that is what the street wanted and now they are complaining.