VMware (VMW) Tops Q3 EPS by 4c

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 Architecture™, 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."

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