Analyst Commentary

Red Hat closes out 2017 with strong growth across segments as it emphasizes hybrid enablement in its portfolio evolution

Portfolio enhancements through R&D and especially partnerships continue to boost Red Hat’s top line

Red Hat (NYSE: RHT) posted strong results in 4Q17, growing top-line revenue 21.6% year-to-year to nearly $748 million, with subscription revenue growth of 20.9% and training and services revenue growth of 26.7%, all compared to the year-ago quarter. Quarterly results displayed progress across Red Hat’s portfolio of software and services, particularly in its Application Development-related and other emerging technolog...

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