VMware (VMW) Q2 Guidance Tops Views
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VMware Reports Fiscal 2018 First Quarter Results
June 1, 2017 4:15 PM EDTPALO ALTO, CA -- (Marketwired) -- 06/01/17 -- VMware, Inc. (NYSE: VMW), a global leader in cloud infrastructure and business mobility, today announced financial results for fiscal 2018 first quarter:
Revenue for the first quarter was $1.74 billion, an increase of 9% from the first quarter of 2016.License revenue for the first quarter was $610 million, an increase of 7% from the first quarter of 2016.GAAP net income for the first quarter was $232 million, or $0.56 per diluted share, up 48% per diluted share compared to $161 million, or $0.38 per diluted share, for the first... More