Established 1999
     
8,000 companies from USA and India.  
   
Search over 34,500 News & Earnings Database    
 
Market Update : 
Red Hat Q4 Earnings Call Transcript
Author: 123jump.com Staff
123jump.com
Last Update: 11:33 AM ET March 31 2009


(Continued)

Email article | Print article

The open source software developer fourth quarter revenue grew 18% to $166.2 million riding on record software license sales while earnings dropped 27% to $16 million. Earnings per share were 8 cents against 10 cents in the year ago quarter.

 
Tom McCallum

Operator, next question please?

Operator

Your next question is from the line of Nabil Elsheshai with Pacific Crest.

Nabil Elsheshai – Pacific Crest Securities

First on the JBoss, you talked about the tax rates for the large deals. But I was wondering if you can talk a little bit about standalone sales for JBoss and what kind of traction you are getting there?

James Whitehurst

As we have talked about, JBoss continues to grow much faster than the core business. And we continue to see success really around the world in all regions. Both with the application server, as well with some of the new products like the SOA suite. So, we''re continuing to see momentum.

Nabil Elsheshai – Pacific Crest Securities

Okay and then, you mentioned pricing being stabilized. But I believe Novell mentioned the possibility of getting more aggressive on the pricing in SUSE. Have you seen that? How much do you guys compete or overlap with them, where that could cause short-term pricing pressure?

James Whitehurst

So just a comment on that, we compete against free all the time, and so it doesn''t get anymore aggressive or cheaper than free. In the case of the Microsoft/Novell arrangement, where Microsoft has prepaid, they basically have free certificate. So, I''m not clear how to get more aggressive than that. And I think the rest of our results kind of speak for themselves.

Nabil Elsheshai – Pacific Crest Securities

Great.

Tom McCallum

Next question please, operator.

Operator

Your next question is from the line of Brent Williams with Benchmark Company.

Brent Williams – Benchmark Company

Excuse me, I wanted to look at you mentioned the JBoss migration package that open source is being developed in conjunction with community. What specific platforms do you think are the lead choices and where are the pieces already built? How much of that depends on contributions from the community? In other words, is this sort of signaling that you are really moving more aggressively to migrate potentially customers from non-open source application servers, you know what I mean?


$30.76
0.00%
click on symbol for profile



  1  2  3  4  5  6  7  8  9  10  11  12  13  14

 


 
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

350 Fund Managers Interviews - 10-year Annual earnings on 4,600 U.S. companies - 20-quarter Earnings on 3,800 U.S. companies - 3,200 U.S. IPO Prospectuses
- 2,100 Economic data releases from U.S., EU, UK, India, HK and Australia. 10-year Annual reports on 3,500 U.S. companies -
U.S. Earnings Calendar with 4,800 companies - 90,000 10-K reports - 26,000 Global markets news archive - 2,200 Earnings Conference Call Summaries

Other Sites:
© 1999-2010 123jump.com. All rights reserved