VMware Inc. (VMW) announced that its fourth-quarter GAAP net income was $56.41 million or $0.14 per share, compared to $111.45 million or $0.29 per share, for the fourth quarter of 2008. Non-GAAP net income for the quarter was $127 million or $0.31 per share, compared to $142 million or $0.36 per share, for the fourth quarter of 2008.
Revenues for the fourth quarter were $608.20 million, an increase of about 18% from $514.60 million in the fourth quarter of 2008.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.26 per share on revenues of $553.73 million for the quarter. Analysts' estimates typically exclude special items.
The company anticipates first quarter revenues to be in the range of $580 million and $600 million, an increase of 23% to 28% from the first quarter 2009. Thirty analysts have consensus revenue estimate of $530.27 million for the quarter.
The company expect annual 2010 revenue to be in the range of $2.45 billion and $2.55 billion, an increase of 21% to 26% from 2009. Thirty three analysts have consensus revenue estimate of $2.28 billion for fiscal 2010.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.