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

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

VMware Reports First Quarter 2015 Results

April 21, 2015 4:01 PM EDT

PALO ALTO, CA -- (Marketwired) -- 04/21/15 -- VMware, Inc. (NYSE: VMW), the global leader in virtualization and cloud infrastructure, today announced financial results for the first quarter of 2015:

Total revenues for the first quarter were $1.51 billion, an increase of 11% from the first quarter of 2014, or up 13% year-over-year in constant currency.License revenues for the first quarter were $576 million, an increase of 3% from the first quarter of 2014, or up 6% year-over-year in constant currency.GAAP... More