VMware Announces Offering of Senior Notes

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Go back to VMware Announces Offering of Senior Notes

VMware (VMW) PT Raised to $95 at Mizuho Securities Following 2Q Pre-Announcement

August 15, 2017 7:35 AM EDT

Mizuho Securities raised its price target on VMware (NYSE: VMW) to $95.00 (from $90.00) while maintaining a Neutral rating following the company's 2Q pre-announcement. Updated guidance is above the prior outlook and consensus. Full-year numbers were raised on the back of better performance across the... More

VMware (VMW) Prelim. Q2 EPS Tops Views

August 14, 2017 8:49 AM EDT

VMware, Inc. (NYSE: VMW), a global leader in cloud infrastructure and business mobility, today announced preliminary financial results for its fiscal 2018 second quarter.

Preliminary Q2 Fiscal 2018 Results

Revenue for the second quarter is expected to be between $1.894 billion and $1.906 billion, an increase of 11.9% to 12.6% from the second quarter of 2016. License revenue for the second quarter is expected to be between $727 million and $737 million, an increase of 12.9% to 14.4% from the second quarter of 2016.

GAAP operating margin for the second quarter... More