Updated Jun. 21, 2012 at 4:05 p.m.

Premium Lock Red Hat shares drop than 6%; CEO remains optimistic

Published: 2012-06-21 11:28:00
Updated: 2012-06-21 16:05:59

Jim Whitehurst      Jim Whitehurst (Red Hat photo)
Tags: Linux, Red Hat

"We see a very strong pipeline for us," Jim Whitehurst tells The Street.com. "The spending outlook for the rest of the calendar year is very strong for Red Hat. Operating cash flow grew 38 percent year-over-year, the core metrics look fantastic, and we continue to be optimistic."...

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