VMware Revenue Climbs 35% On 'Pent-Up Demand'

Wednesday Apr 21st 2010 by Datamation.com Staff

Strong sales in Europe, China, and Japan push the virtualization provider's revenues to $634 million with net income of $0.32 per share.

Computerworld: Providing another sign that the enterprise IT market seems to be picking up, virtualization provider VMware has announced that it's revenue increased 35 percent in the first quarter of 2010. Revenue totaled $634 million, with net income of $133 million, or $0.32 per share.

Those numbers were better than analysts had expected, and the company's CEO said they were driven by "pent-up customer demand" and strong sales in Europe, China, and Japan. While VMware's U.S. sales increased 30 percent, international sales were up 40 percent.

Mobile Site | Full Site
Copyright 2017 © QuinStreet Inc. All Rights Reserved