VMware Inc. (VMW) reported first quarter non-GAAP net income of $0.66 per share after the close Wednesday, compared to $0.48 per share last year. The consensus estimate was for EPS of $0.60.
VMware gapped open sharply higher Thursday and is now up 6.16 at $117.45 on above average volume. The stock has risen above a 3-week range and has set a new high for the year.
by RTT Staff Writer
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