VMware Inc. (VMW) reported fourth quarter adjusted net income of $0.81 per share after the close Monday, compared to $0.62 per share in the previous year. The consensus estimate was for EPS of $0.78. Revenues grew 22 percent to $1.29 billion from $1.06 billion last year. Analysts estimated revenues of $1.28 billion.
VMware expects first quarter revenues of $1.17 billion to $1.19 billion. However, analysts currently expect the company to report revenue of $1.25 billion.
VMware gapped open dramatically lower Tuesday, but traded in a range throughout the session. The stock closed down by 21.18 at $77.14 on the highest volume of the year. VMware dropped below both its 50 and 200-day moving averages and plunged to a new low for the year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.