|VMW is up by about 5% in AH: |
The press release:
VMware Q4 Tops Estimates
1/23/2012 @ 4:51PM
VMware shares are trading higher Monday afternoon on stronger-than-expected Q4 results.
The virtualization software company posted Q4 revenue of $1.06 billion, up 27% from a year ago, or 26% in constant currency, edging the Street consensus at $1.05 billion. Non-GAAP profits of 62 cents likewise topped the Street consensus at 60 cents.
For Q1, the company sees revenue of $1.015 billion to $1.04 billion; the Street has been forecasting $1.02 billion. For all of 2012, VMware sees revenue of $4.475 billion to $4.6 billion, up 20%-23%; previous consensus was $4.51 billion.
VMW in late trading is up $4.13, or 4.8%, to $90.13.