The Traderszone Network

Published in TZ Latest News 27 January, 2017 by The TZ Newswire Staff

VMware Reports Double-Digit Earnings Growth

Image source: VMware.

Virtualization and cloud infrastructure provider VMware (NYSE: VMW) reported its fourth-quarter results after the market closed on Jan. 26. Revenue growth was driven by solid results in both the licensing and services businesses, and earnings continued to grow faster than sales. Guidance calls for slightly slower growth during the first quarter, but EPS is still expected to expand at a double-digit rate. Here’s what investors need to know about VMware’s fourth-quarter results.

Metric

read more