VMware Shares Edge Higher After Profits Top Estimates

3 years ago 372

VMware shares are modestly higher successful precocious trading aft the endeavor bundle institution posted fiscal results for the fiscal 3rd 4th ended Oct. 31 that edged past Street estimates.

For the quarter, VMware (ticker: VMW) reported gross of $3.19 billion, up 11% from a twelvemonth earlier, and somewhat supra the Street statement astatine $3.1 billion. Non-GAAP profits were $1.72 a share, up 3% from a twelvemonth earlier, and up of statement astatine $1.54.

VMware’s...

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