VMware Revenue Grows 22%, But Profits Decline

The company's quarterly report beat analyst expectations.


You Can't Detect What You Can't See: Illuminating the Entire Kill Chain

InformationWeek: For the second quarter of 2012, VMware reported revenues of $1.12 billion, or 69 cents per share. That was one cent higher than analysts expected, and it marked a 22 percent increase from last year. Profits totaled $192 million, which was 13 percent less than in 2011. "Despite the tough market conditions, we achieved record quarterly results in total revenue, license revenue, and non-GAAP operating income," boasted Carl Eschenbach, VMware's chief operating officer.

The company is predicting $4.54 billion to $4.63 billion in annual revenue.

Tags: virtualization, earnings, VMware, revenue

0 Comments (click to add your comment)
Comment and Contribute


(Maximum characters: 1200). You have characters left.



IT Management Daily
Don't miss an article. Subscribe to our newsletter below.

By submitting your information, you agree that datamation.com may send you Datamation offers via email, phone and text message, as well as email offers about other products and services that Datamation believes may be of interest to you. Datamation will process your information in accordance with the Quinstreet Privacy Policy.