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VMware Inc. (VMW) announced earnings for second quarter that fell from last year.


RTTNews | Aug 26, 2021 04:28PM EDT

16:28 Thursday, August 26, 2021 (RTTNews.com) - VMware Inc. (VMW) announced earnings for second quarter that fell from last year.

The company's earnings totaled $411 million, or $0.97 per share. This compares with $447 million, or $1.06 per share, in last year's second quarter.

Excluding items, VMware Inc. reported adjusted earnings of $739 million or $1.75 per share for the period.

Analysts had expected the company to earn $1.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.0% to $3.14 billion from $2.88 billion last year.

VMware Inc. earnings at a glance:

-Earnings (Q2): $739 Mln. vs. $766 Mln. last year.-EPS (Q2): $1.75 vs. $1.81 last year.-Analysts Estimate: $1.64-Revenue (Q2): $3.14 Bln vs. $2.88 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3221409/vmware-inc-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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