VMware Reports Fourth Quarter and Fiscal Year 2018 Results
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VMware (VMW) PT Raised to $124 at Bernstein
March 2, 2018 8:14 AM ESTBernstein raised its price target on VMware (NYSE: VMW) to $124.00 (from $115.00) while maintaining a Market Perform rating following the company's 4Q. Revenue of $2.3B beat consensus by 2.0%, growing 14% YoY. Operating margins were 40 bps higher than consensus, leading to a $0.05 beat in Adjusted... More
VMware (VMW) Tops Q4 EPS by 6c
March 1, 2018 4:23 PM ESTVMware (NYSE: VMW) reported Q4 EPS of $1.68, $0.06 better than the analyst estimate of $1.62. Revenue for the quarter rose 14% to $2.31 billion versus the consensus estimate of $2.26 billion.
License revenue for the fourth quarter was $1.07 billion, an increase of 20% from the fourth quarter of... More
