VMware (VMW) Misses Q4 EPS by 12c, Revenues Beat
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VMware Reports Fourth Quarter and Fiscal Year 2020 Results
February 27, 2020 4:15 PM ESTDelivers annual revenue of $10.81 billion; growth of 12% year-over-year
Subscription and SaaS increased 52% year-over-year, representing 18% of total revenue in Q4
PALO ALTO, Calif.--(BUSINESS WIRE)-- VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced financial results for the fourth quarter and full fiscal year 2020:
Quarterly Review
Revenue for the fourth quarter was $3.07 billion, an increase of 11% from the fourth quarter of fiscal 2019. The combination of subscription and SaaS and license revenue was... More