18.07.2016 22:20:47

VMware Inc. Earnings Rise 12% In Q2

(RTTNews) - VMware Inc. (VMW) announced a profit for its second quarter that climbed from last year.

The company said its bottom line advanced to $414 million, or $0.97 per share. This was higher than $369 million, or $0.93 per share, in last year's second quarter.

Analysts had expected the company to earn $0.95 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 15.7% to $1.84 billion. This was up from $1.59 billion last year.

VMware Inc. earnings at a glance:

-Earnings (Q2): $414 Mln. vs. $369 Mln. last year. -Earnings Growth (Y-o-Y): 12.2% -EPS (Q2): $0.97 vs. $0.93 last year. -EPS Growth (Y-o-Y): 4.3% -Analysts Estimate: $0.95 -Revenue (Q2): $1.84 Bln vs. $1.59 Bln last year. -Revenue Change (Y-o-Y): 15.7%

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