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

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

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