RHAT: che fare??

Indicazioni rassicuranti dalla trimestrale di RHT
In rialzo in After Hours: $16.45 +9.67%

Red Hat profit beats forecasts, shares rise
Wed Mar 25, 2009 7:34pm ED

Q4 EPS ex items 22 cents vs Street view 20 cents* Q1, full-year outlook generally in line with Street view
* Sees full-year operating margin expanding 1 pct point
* CEO says customers not as scared as a few months ago
* Shares rise 8 percent in extended trading

BOSTON, March 25 (Reuters) - Linux software maker Red Hat Inc (RHT.N) reported profit ahead of Street projections on Wednesday , helped by cost cuts and a stock buyback, sending shares up 8 percent.
Chief Executive Jim Whitehurst said that business sentiment has improved, with customers telling him they feel the economy is in a ordinary recession, rather than a depression.
"I don't think people are quite as scared as they were a couple months ago," he said in an interview. "A couple months ago people were really worried we were falling off a cliff. It has stabilized since then."
He issued forecasts for the current quarter and full fiscal year that were generally in line with Wall Street projections.
Profit, excluding items, of 22 cents per share, for its fiscal fourth quarter ended Feb. 28, beat analysts' average forecast of 20 cents, according to Reuters Estimates.
Revenue rose 18 percent to $166 million,

Red Hat -- whose rivals include Novell Inc (NOVL.O) and Microsoft Corp (MSFT.O) -- makes money by offering services such as upgrades, help-desk support and bug fixes to open-source Linux software that is also available at no charge.
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http://www.reuters.com/article/CMPTRS/idUSN2541467320090325
 

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