Red Hat Gaining Momentum Ahead Of 1Q Earnings On Wednesday

Red Hat (RHT) is slated to report 1Q 2013 earnings after the close of trading on Wednesday, June 20 with a conference call to follow at 5:00 p.m. EST. The actual results are typically available via press release at 4:05 p.m. EST. Street expectations are quite high going into 1Q 2013 earnings release given Red Hat’s historical tendency to exceed expectations. The benefits of an aggressive buyback program, an expanded partnership with IBM…

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