Want to join the conversation?
$RHT expects GAAP operating expenses for FY16 to increase by about $5MM, in 3Q and about $6MM, in 4Q as a result of the transaction to buy Ansible. $RHT is re-affirming its 3Q16 and FY16 guidance provided in its Sept. 21 earnings release.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.