VMware (VMW) Guides Q2 EPS, Revenue to High-Side of Expectations
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Drexel Hamilton Raises Price Target on VMware (VMW) Following 1Q Earnings
April 20, 2016 9:17 AM EDTDrexel 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
Mizuho Securities Remains Sidelined as VMware (VMW) 1Q Beats 1Q Expectations
April 20, 2016 8:25 AM EDTMizuho 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
VMware results, forecast boosted by strong sales of newer software
April 19, 2016 4:29 PM EDTBy Kshitiz Goliya
(Reuters) - VMware Inc (NYSE: VMW) reported a better-than-expected rise in quarterly revenue, helped by strong sales of its newer virtualization software, and the company also said it would buy back $1.2 billion of its Class A stock this year.
Strong acceptance of its newer offerings also helped VMware forecast second-quarter revenue largely above analysts' estimates, helping send the company's shares up 8.7 percent to $55.95 in after-hours trading on Tuesday.
VMware's new virtualization offerings include NSX, which makes networking more efficient, and vSAN, which organizes data in a way that increases storage capacity... More
VMware (VMW) Tops Q1 EPS by 2c; Offers Strong Q2 Outlook
April 19, 2016 4:15 PM EDTVMware (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 $1.59 billion versus the consensus estimate of $1.58 billion.
VMWare sees Q2 sales of $1.66 - $1.71 billion and EPS of $0.94 - $0.97. The consensus is at revenue... More
