The Company reported its third quarter fiscal 2017 financial results on December 21, 2016. The open-source enterprise-tech Company announced double digit growth in revenue and earnings, but revenue numbers came in below market expectations. Register with us now for your free membership at: http://www.activewallst.com/register/ . One of Red Hat’s competitors within the Application Software space, Fortinet, Inc ( FTNT ), is estimated to report earnings on January 26, 2017. AWS will be initiating a research report on Fortinet in the coming days. Today, AWS is promoting its earnings coverage on RHT; touching on FTNT. Get our free coverage by signing up to: http://www.activewallst.com/registration-3/?symbol=FTNT Earnings Reviewed For the three months ended November 30, 2016, 2016, Red Hat reported total revenue of $615 million, up 18% in US dollars y-o-y, or 17% in constant currency from total revenue of $523.58 million in Q3 FY16. Excluding the $3 million impact of FX volatility, the Company’s revenue numbers were in middle of the guidance provided in September 2016 of $613 million to $623 million, but were still below analysts’ forecasts for revenue of $619 million. On a non-GAAP basis, Red Hat’s Q3 FY17 operating income of $143 million grew 16% on y-o-y basis and non-GAAP operating margin was 23.3%.http://lovetylerward.universitypunjabi.org/2017/01/05/painless-strategies-in-training-for-neurosurgery-around-the-uk
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Seung-Whan Choi’s lawsuit, filed Tuesday in U.S. District Court in Chicago, claims that after the Korean-born U.S. citizen was fired from his tenure-track position at UIC in 2011 and reinstated months later, he experienced years of discrimination and retaliation due to his race and national origin. Choi alleges that he was ostracized and denied raises comparable to his peers in the department of political science. Choi also said he was forced to teach courses in statistics for which he is not qualified because, one department official said, “Asians, especially Koreans are very good at mathematics and statistics,” according to court documents. Additionally, Choi claims in court documents that he was forced to teach a course in Korean politics, despite having no formal education in the field. In 2015, then-department head Dennis Judd changed an undergraduate student’s grades without consultation with Choi, the suit says. When Choi asked Judd about it, the lawsuit alleges that Judd said Choi, “as a foreigner, has to keep in mind who he is dealing with and what he is wishing for,” and that Judd “knows that many Koreans are stubborn and do not understand American culture of compromise when dealing with their boss.” Among other complaints, Choi also alleges he was wrongfully accused of being lacking in academic contributions and not providing sufficient service to the department, and was denied a promotion to full professor, according to the lawsuit. UIC’s website lists books published by Choi in 2005 and 2016, and a nine-page curriculum vitae with several citations. UIC campus Terrence Antonio James, Chicago Tribune UIC professor Seung-Whan Choi has filed a lawsuit against the school, alleging he was discriminated against because he is from Korea.
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