VMware (VMW) Tops Q2 EPS by 5c

VMware (NYSE: VMW) reported Q2 EPS of $1.60, $0.05 better than the analyst estimate of $1.55. Revenue for the quarter came in at $2.44 billion versus the consensus estimate of $2.43 billion.

“Building on another solid quarter, we are thrilled about announcing our intent to acquire Pivotal and Carbon Black,” said Pat Gelsinger, chief executive officer, VMware. “These acquisitions address two critical technology priorities of all businesses today — building modern, enterprise-grade applications and protecting enterprise workloads and clients. With these actions we meaningfully accelerate our subscription and SaaS offerings and expand our ability to enable our customers’ digital transformation.”

“We are pleased with our strong financial performance in Q2, which reflected broad-based strength in all three geographies,” said Zane Rowe, executive vice president and CFO, VMware. “Our cloud strategy and strong Hybrid Cloud and SaaS growth will substantially accelerate, as we bring Pivotal and Carbon Black into the portfolio.”

Company to acquire Pivotal Software (NASDAQ: PVTL) and Carbon Black (NASDAQ: CBLK).

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

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