VMware (VMW) Tops Q1 EPS by 32c, Revenues Beat

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VMware Reports Fiscal Year 2021 First Quarter Results

May 28, 2020 4:15 PM EDT

Total revenue growth of 12% year-over-year

Subscription and SaaS revenue growth of 39% year-over-year

PALO ALTO, Calif.--(BUSINESS WIRE)-- VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced financial results for the first quarter of fiscal 2021:

Revenue for the first quarter was $2.73 billion, an increase of 12% from the first quarter of fiscal 2020. The combination of subscription and SaaS and license revenue was $1.23 billion, an increase of 17% from the first quarter of fiscal... More