31.05.2018 22:24:09

VMware Inc. Q1 adjusted earnings of $1.26 per share

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

The company's earnings totaled $942 million, or $2.29 per share. This compares with $245 million, or $0.59 per share, in last year's first quarter.

Excluding items, VMware Inc. reported adjusted earnings of $516 million or $1.26 per share for the period.

The company's revenue for the quarter rose 13.6% to $2.01 billion from $1.77 billion last year.

VMware Inc. earnings at a glance:

-Earnings (Q1): $516 Mln. vs. $440 Mln. last year. -EPS (Q1): $1.26 vs. $1.06 last year. -Revenue (Q1): $2.01 Bln vs. $1.77 Bln last year.

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