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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Vmware Inc | NYSE:VMW | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 142.48 | 0 | 01:00:00 |
By Kimberly Chin
VMware Inc. (VMW) said earnings rose in its most recent quarter as revenue jumped on account of broad-based strength across its products and solutions portfolio.
The Palo Alto, Calif., company reported a profit of $621 million, or $1.50 a share, up from $334 million, or 81 cents a share, a year ago.
VMWare reported adjusted earnings of $1.49 a share. Analysts polled by FactSet were expecting earnings of $1.43 a share on an adjusted basis.
Revenue increased 12% from a year ago to $2.46 billion. Analysts had expected $2.41 billion of revenue in the quarter. License revenue for the quarter grew 10% to $974 million.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
November 26, 2019 16:45 ET (21:45 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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