VMware (VMW) Tops Q2 EPS by 36c

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VMware Reports Fiscal Year 2021 Second Quarter Results

August 27, 2020 4:15 PM EDT

Total revenue growth of 9% year-over-year

Subscription and SaaS revenue growth of 44% year-over-year; 22% of total revenue

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

Revenue for the second quarter was $2.88 billion, an increase of 9% from the second quarter of fiscal 2020. The combination of subscription and SaaS and license revenue was $1.35 billion, an increase of 11% from the second quarter of fiscal... More