VMware results, forecast boosted by strong sales of newer software
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Go back to VMware results, forecast boosted by strong sales of newer software
April 20, 2016 9:17 AM EDT
Drexel Hamilton reiterated a Buy rating on VMware (NYSE: VMW), and raised the price target to $77.00 (from $71.00), following the company's 1Q earnings release. VMware reported non-GAAP sales of $1.59b, ahead of $1.57b estimates. EPS of $0.86 was better than the Street's $0.84 estimate.
Analyst Brian... More
April 20, 2016 8:25 AM EDT
Mizuho Securities reiterated a Neutral rating and $52.00 price target on VMware (NYSE: VMW) following the company's 1Q earnings report. EPS came in $0.02 better than forcasts, as revenue was reported better than expectations as well. Management sounded confident about hitting its full year goal and... More
April 19, 2016 5:24 PM EDT
VMware (NYSE: VMW) sees Q2 sales of $1.66 - $1.71 billion and EPS of $0.94 - $0.97. The consensus is at revenue of $1.66 billion and EPS of $0.94.
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