VMware (VMW) Tops Q3 EPS by 23c; Raises Outlook

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VMware Reports Fiscal Year 2021 Third Quarter Results

November 24, 2020 4:15 PM EST

Total revenue growth of 8% year-over-year

Subscription and SaaS revenue growth of 44% year-over-year; 24% of total revenue

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

Revenue for the third quarter was $2.86 billion, an increase of 8% from the third quarter of fiscal 2020. The combination of subscription and SaaS and license revenue was $1.32 billion, an increase of 10% from the third quarter of fiscal... More