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Technology Stocks : VMware, Inc. (VMW)
VMW 85.26+2.8%Nov 21 6:40 PM ESTNews

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To: Ingenious who wrote (251)1/23/2012 5:05:57 PM
From: Glenn Petersen of 289
 
VMW is up by about 5% in AH:

The press release:

finance.yahoo.com

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.

forbes.com
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