Red Hat announces its fourth quarter earnings on Tuesday, and analysts are expecting the Linux software and services company to post a 1 cent per share profit.
Red Hat (Nasdaq: RHAT) stock closed up 17 cents, or nearly 3 percent, on Friday to close at $6.20.
Revenues are expected to be nearly $27 million, according to Multex.
Red Hat announced $24.3 million in revenues for the third quarter, an increase of 14 percent.
Red Hat: www.redhat.com