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

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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

VMware (VMW) Tops Q1 EPS by 2c

April 21, 2015 4:04 PM EDT

VMware (NYSE: VMW) reported Q1 EPS of $0.86, $0.02 better than the analyst estimate of $0.84. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.5 billion.

License revenues for the first quarter were $576 million, an increase of 3% from the first quarter of 2014,... More