VMware Reports Fiscal Year 2020 First Quarter Results
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VMware (VMW) PT Raised to $198 at BMO Capital
May 31, 2019 7:33 AM EDTBMO Capital analyst Keith Bachman raised the price target on VMware (NYSE: VMW) to $198.00 (from $195.00) while maintaining a Outperform rating.
... MoreVMware (VMW) PT Raised to $210 at RBC Capital
May 31, 2019 7:04 AM EDTRBC Capital analyst Matthew Hedberg raised the price target on VMware (NYSE: VMW) to $210.00 (from $200.00) while maintaining a Outperform rating following results.
solid start to its FY with a beat on most metrics.Success was broad-based and management maintained... MoreVMware (VMW) Tops Q1 EPS by 4c, Revenues Beat; Affirms FY20 Revenue Guidance Above Consensus; Board Approves Up to $1.5B Share Buyback
May 30, 2019 4:20 PM EDTVMware (NYSE: VMW) reported Q1 EPS of $1.32, $0.04 better than the analyst estimate of $1.28. Revenue for the quarter came in at $2.27 billion versus the consensus estimate of $2.24 billion.
Revenue for the first quarter was $2.27 billion, an increase of 13% from the first quarter of fiscal 2019.
License revenue for the first quarter was $869 million, an increase of 12% from the first quarter of fiscal 2019.GAAP net income for the first quarter was $505 million, including an unrealized gain of $132 million on an investment in Pivotal Software, or $1.21 per diluted share, compared to $942 million, or $2.29... More