VMware (VMW) Tops Q1 EPS by 2c

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Summit Research Maintains Bullish View on VMware (VMW) Despite 'Mixed' Q1

April 22, 2015 7:13 AM EDT

Summit Research analyst Srini Nandury reiterated a Buy rating and $105 price target on VMware (NYSE: VMW) following 'mixed' Q1 results.

Nandury commented, "VMWare reported mixed results beating the top and bottom lines, even though billings and deferred revenue were lighter than consensus driven by FX; the company also lowered estimates slightly... More

EMC Corp. (EMC) Misses Q1 EPS by 5c

April 22, 2015 6:54 AM EDT

EMC Corp. (NYSE: EMC) reported Q1 EPS of $0.31, $0.05 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $5.6 billion versus the consensus estimate of $5.78 billion.

Joe Tucci, EMC Chairman and CEO, said, We are pleased that we slightly exceeded our first-quarter... More

VMware (VMW) Bullish Stance Reiterated at Oppenheimer Amid 'Solid' Q1

April 22, 2015 6:43 AM EDT

Oppenheimer analyst Shaul Eyal reiterated an Outperform rating and $105 price target on VMware (NYSE: VMW) following solid Q1 results. The firm is trimming FY15 estimates on FX but said their bullish thesis remains unchanged.

Eyal commented, "VMW reported a solid 1Q15 and... More