RTTNews | Nov 24, 2020 04:28PM EST

16:27 Tuesday, November 24, 2020 (RTTNews.com) - VMware Inc. (VMW) released earnings for its third quarter that climbed from the same period last year.

The company's profit came in at $434 million, or $1.02 per share. This compares with $407M, or $0.96 per share, in last year's third quarter.

Excluding items, VMware Inc. reported adjusted earnings of $704M or $1.66 per share for the period.

The company's revenue for the quarter rose 7.5% to $2.86 billion from $2.66 billion last year.

VMware Inc. earnings at a glance:

-Earnings (Q3): $704M. vs. $602M. last year.-EPS (Q3): $1.66 vs. $1.42 last year.-Revenue (Q3): $2.86 Bln vs. $2.66 Bln last year.

-Guidance:Full year EPS guidance: $7.03Full year revenue guidance: $11.7 Bln

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