VMware (VMW) Tops Q3 EPS by 4c

VMware (NYSE: VMW) reported Q3 EPS of $0.87, $0.04 better than the analyst estimate of $0.83. Revenue for the quarter came in at $1.52 billion versus the consensus estimate of $1.5 billion.

"In every region of the world, customers are making a long-term bet on VMware to help them transform their businesses and embrace a new model for IT," said Pat Gelsinger, CEO of VMware. "Customers are looking to VMware for technology choices that liberate them from the constraints of hardware, and which offer a new model for security, optimized for a world of millions of applications."

"Our third-quarter revenue grew 18%, reflecting strong customer adoption of our products and services," said Jonathan Chadwick, chief financial officer. "We are especially pleased by the performance of our newer businesses such as mobility, networking, storage, and hybrid cloud, which made significant progress in delivering against our long-term strategy."

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

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