Red Hat | WRAL TechWire - Part 37

Red Hat

Red Hat earnings: what’s at stake

Red Hat, the world’s largest open-source Linux software company, will report third quarter earnings after the bell Wednesday. What’s at stake for the company? Analysts expect adjusted earnings per share of 58 cents, which would be 21 percent over last year’s earnings in the same period. It would also mark the company’s largest percentage gain since Q1 June 15. Analysts expect Red Hat revenue to climb to $621.7 million, 19 percent over the same period last year. The company’s stock (Nasdaq:RHT) declined 4 percent this year despite toping Wall Street expectations on earnings for ten quarters. For its stock...

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All Things Open 2015: Red Hat’s Jim Whitehurst on Open Source, Chaos and Innovation

During a keynote address to over 1600 open source and tech gurus Monday, Red Hat CEO Jim Whitehurst admitted, “Until I got to Red Hat, I thought I knew what leadership and management was all about.”  It’s fitting that at a conference dedicated to exposing and educating its attendees about “all things open,” the leader of one of the biggest open source companies in the world should be so open about his early misunderstandings about the open source community.  Coming from Delta Airlines, where he managed thousands of people who wouldn’t dare tell him or any other superior no and who...

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5 takeaways from a Red Hat intern

This past summer, I was a Red Hat intern and conducted a top-secret operation with high-quality survey methods (OK, maybe just some interviews and conversations with fellow interns). I wanted to learn the keys to a successful internship experience at Red Hat. Red Hat prides itself on running an incredibly strong internship program. The company realizes the importance of teaching future employees from the ground up. And the feedback I got from the interns I spoke with was overwhelmingly positive. Takeaway 1: Start small. It’s OK. Let me share a secret we were all scared to admit during the...

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Raleigh, What Are You?

At Innovate Raleigh last Wednesday night I heard (actually, I walked in late, but I got the recap) a really interesting discussion on the usage of space. Not space like Luke-Skywalker-Buzz-Lightyear space, but space like “Where should I put this filing cabinet?” space. Space is at a premium in downtown Raleigh and it could be argued that the concept needs innovation. It just wasn’t what I was expecting. Raleigh is chock full of startups, and usually (and to be very clear I mean usually) startups and innovation go hand in hand. Startups are the puppy dogs nipping at innovation’s...

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It's an Honor Just to be Nominated

Look, I’m not kidding around here. I’m officially lobbying hard for your vote for me as Yardmaster (Driving regional development and/or a type of technology) in the first ever WRAL Tech Wire Full Steam Ahead Awards. I need to win this. My ego demands it. So vote for me, and if you don’t have a vote, email the Tech Wire and let’s take this thing viral. Come on, who am I kidding? I’m in the “Group of Death” with Jim Whitehurst, Jason Caplain, and Jim Goodmon (and since he owns the Tech Wire I figure I can lobby my...

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