VMware (VMW) Tops Q2 EPS by 6c

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VMware Reports Fiscal Year 2023 Second Quarter Results

August 25, 2022 4:05 PM EDT

Total Revenue growth of 6% year-over-year

Subscription and SaaS Revenue of $943 million, an increase of 22% year-over-year

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 year 2023:

Quarterly Review

Revenue for the second quarter was $3.34 billion, an increase of 6% from the second quarter of fiscal 2022. The combination of subscription and SaaS and license revenue was $1.74 billion for the second quarter, an increase of 15% from the... More