VMware (VMW) Misses Q3 EPS by 12c

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VMware Reports Fiscal Year 2023 Third Quarter Results

November 22, 2022 4:05 PM EST

Total Revenue of $3.21 billion

Subscription and SaaS Revenue of $988 million, an increase of 20% year-over-year

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 year 2023:

Quarterly Review

Revenue for the third quarter was $3.21 billion, an increase of 1% from the third quarter of fiscal 2022. The combination of subscription and SaaS and license revenue was $1.61 billion for the third quarter, an increase of... More