Drexel Hamilton Raises Price Target on VMware (VMW) Following 3Q
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October 26, 2016 4:16 PM EDT
PALO ALTO, CA -- (Marketwired) -- 10/26/16 -- VMware, Inc. (NYSE: VMW), a leader in cloud infrastructure and business mobility, today announced financial results for the third quarter of 2016:
Revenue for the third quarter was $1.78 billion, an increase of 6% from the third quarter of 2015.License revenue for the third quarter was $691 million, an increase of 1% from the third quarter of 2015.GAAP net income for the third quarter was $319 million, or $0.75 per diluted share, up 25% per...
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October 25, 2016 8:30 AM EDT
PALO ALTO, CA -- (Marketwired) -- 10/25/16 -- Today at the EDUCAUSE Annual Conference 2016, VMware, Inc. (NYSE: VMW), is taking simplicity and security for digital learning environments in higher education to a new level. At the show, VMware announced a new integration between VMware's VMware Secure Digital Backpack for Education, powered by VMware... More
October 25, 2016 8:01 AM EDT
PALO ALTO, CA -- (Marketwired) -- 10/25/16 -- VMware, Inc. (NYSE: VMW) today announced that it is participating in the Industrial Internet Consortium (IIC), an open membership, international not-for-profit consortium that is setting architectural frameworks and direction for the Industrial Internet of Things (IIoT). VMware will participate in the IIC as a voting member through the steering committee, as a component of the membership seat currently held by Dell and Dell EMC.
Collectively, VMware, Dell and Dell EMC have committed to serve three years on the committee, joining IBM, SAP, General Electric, Fujitsu, Intel, The... More
