Tag: financial

VMware announces Q2 2013 earnings

VMware announces Q2 2013 earnings

On July 23 VMware announced its financial results for the second quarter of 2013. Total revenue for the Q2 was $1.24 billion, with an increase of 11% compared to Q2 2012. Looking at the financials we can see how the annual 2013 revenue should be be of about $5.12 to 5.26 billion, and license revenues are expected to be $2.21 to 2.29 billion. Excluding revenues attributable to GoPivotal and all divestitures that occurred in 2013, this represents growth rates of 15% to 18% for total revenues and Read more […]

VMware results for Q1 2013

VMware results for Q1 2013

On April 23, VMware released the results about its growth for Q1 2013. VMware, announced a total  revenue growth of $1.19 billion, for an increase of 13 percent compared to Q1 2012. Operating Margin registered a decrease of 26%, as reported in the official news, reflecting a $63 million realignment charge. The non-GAAP Operating Margin registered an increment of 26% from Q1 2012. The stock market over-reacted to the results and several analysts downgraded VMware rating from Market Perform to  Underperform consequently Read more […]