VMware: Fiscal Q1 Earnings Snapshot
PALO ALTO, Calif. — PALO ALTO, Calif. — VMware Inc. (VMW) on Thursday reported fiscal first-quarter profit of $224 million. On a per-share basis, t...
PALO ALTO, Calif. — PALO ALTO, Calif. — VMware Inc. (VMW) on Thursday reported fiscal first-quarter profit of $224 million. On a per-share basis, the Palo Alto, California-based company said it had net income of 52 cents. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, were $1.49 per share. The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share. The cloud computing company posted revenue of $3.