Says Redhat continues expansion of its offerings. Says ended year in strong liquidity position with cash of $8.8B. Says Q4 had best book-to-bill ratio of the year. Says expects solid growth in revenue and free cash flow in FY23. Says expects tax rate in mid- to high-teens range. Says free cash flow was up $2.8B in 2022. Comments taken from Q4 earnings conference call.
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