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VMware Inc. Reveals Rise In Q4 Earnings

VMware Inc. (VMW) reported earnings for its fourth quarter that rose compared to the same period last year.

The company said its bottom line climbed to $691 million, or $1.68 per share. This was higher than $597 million, or $1.43 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.62 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 13.8% to $2.31 billion. This was up from $2.03 billion last year.

VMware Inc. earnings at a glance:

-Earnings (Q4): $691 Mln. vs. $597 Mln. last year.
-Earnings Growth (Y-o-Y): 15.7%
-EPS (Q4): $1.68 vs. $1.43 last year.
-EPS Growth (Y-o-Y): 17.5%
-Analysts Estimate: $1.62
-Revenue (Q4): $2.31 Bln vs. $2.03 Bln last year.
-Revenue Change (Y-o-Y): 13.8%

by RTTNews Staff Writer

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