Monness, Crespi, Hardt Downgrades VMware (VMW) to Neutral
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VMware Reports Third Quarter 2015 Results
October 20, 2015 4:05 PM EDTPALO ALTO, CA -- (Marketwired) -- 10/20/15 -- VMware, Inc. (NYSE: VMW), a leader in cloud infrastructure and business mobility, today announced financial results for the third quarter of 2015:
Revenues for the third quarter were $1.67 billion, an increase of 10% from the third quarter of 2014, or up 14% year-over-year in constant currency.License revenues for the third quarter were $681 million, an increase of 7% from the third quarter of 2014, or up 11% year-over-year in constant currency.GAAP net income... More