VMware (VMW) Tops Q3 EPS by 4c

October 26, 2016 4:21 PM EDT
Get Alerts VMW Hot Sheet
Trade VMW Now!
Join SI Premium – FREE

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.

VMware (NYSE: VMW) reported Q3 EPS of $1.14, $0.04 better than the analyst estimate of $1.10. Revenue for the quarter came in at $1.78 billion versus the consensus estimate of $1.76 billion.

"Our very good third-quarter financial results reflect VMware's strength in delivering strategic value to our customers," said Pat Gelsinger, chief executive officer, VMware. "We are helping customers run any application across their private, public and hybrid clouds with our new Cross-Cloud Architectureâ„¢, the industry's most complete and capable hybrid cloud offering."

Zane Rowe, executive vice president and chief financial officer, VMware, said, "We are pleased with our Q3 financial performance, which exceeded the midpoint of our revenue and operating margin guidance. We continue to broaden our portfolio with a range of products that will drive growth for the company."

For earnings history and earnings-related data on VMware (VMW) click here.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Earnings, Management Comments

Related Entities


Add Your Comment