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VMware Inc. (VMW) Is Pulling Back Following Q4 Report

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VMware Inc. (VMW: Quote) reported fourth quarter adjusted EPS of $1.01 after the bell Tuesday, compared to the consensus estimate of $1.00. Revenues increased 15 percent to $1.48 billion from $1.29 billion last year. Analysts expected revenues of $1.48 billion. The stock is now down 4.98 on 580K shares.

VMware rose until mid-morning Tuesday, before settling into a range. The stock finished up by 1.83 at $94.94. The stock finished near the middle of a 3-week range.

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by RTT Staff Writer

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