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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 Maria Armental
VMware Inc., a software company that is majority-owned by Dell Technologies Inc., reported first-quarter results on Thursday, showing the early impact of the coronavirus pandemic. Here's what you need to know:
PROFIT: Net income rose to $386 million, or 92 cents a share, from $380 million, or 89 cents a share a year earlier. On an adjusted basis, profit rose to $1.52 from $1.25 a share.
REVENUE: Total revenue rose to $2.73 billion from $2.45 billion a year earlier.
PANDEMIC: "In these unprecedented times, we delivered solid performance and strong execution," Chief Executive Pat Gelsinger said, adding: "We serve as an essential digital service to those customers who provide essential services, helping them scale efficiently and more securely."
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
May 28, 2020 16:42 ET (20:42 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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