VMware Reports Fiscal 2018 First Quarter Results

VMware Reports Fiscal 2018 First Quarter Results

VMware Reports Fiscal 2018 First Quarter Results

Year-over-year revenue growth of 9% to $1.74 billion, supported by strong growth across all regions VMware, Inc. (NYSE: VMW) , a global leader in cloud infrastructure and business mobility, today announced financial results for fiscal 2018 first quarter: Revenue for the first quarter was $1.74 billion, an increase of 9% from the first quarter of 2016. License revenue for the first quarter was $610 million, an increase of 7% from the first quarter of 2016. GAAP net income for the first quarter was $232 million, or $0.56 per diluted share, up 48% per diluted share compared to $161 million, or $0.38 per diluted share, for the first quarter of 2016. Non-GAAP net income for the quarter was $412 million, or $0.99 per diluted share, up 15% per…Read More

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Published by Natalie Miller

Natalie Miller is a strategic technology leader who provides exceptional problem solving skills to empower organizations by aligning innovative and disruptive technology solutions streamlining business operations. She started in Information Technology 20 years ago growing her technology and business acumen. As a Technical Account Manager with VMware, she delivers digital business and disruptive technologies expertise to large organizations in the Minneapolis-St. Paul. As a life long learner, Natalie accomplished her first Masters degree in Leadership in 2011 at Augsburg College with her first publication titled Communication in a Digital Age. Notably, Natalie went on to complete her MBA while also accomplishing her VMware Certified Professional (VCP6-DCV) in late 2016.

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