VMware (VMW) Tops Q2 EPS by 11c, Misses on Revenue

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VMware Reports Fiscal Year 2024 Second Quarter Results

August 31, 2023 4:05 PM EDT

Total Revenue of $3.41 billion

Subscription and SaaS Revenue of $1.26 billion, an increase of 34% 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 2024:

Quarterly Review

Revenue for the second quarter was $3.41 billion, an increase of 2% from the second quarter of fiscal 2023. Subscription and SaaS revenue for the second quarter was $1.26 billion, an increase of 34% year-over-year. Subscription and SaaS revenue... More