26.01.2016 22:21:47

VMware Inc. Q4 Earnings Rise 14%

(RTTNews) - VMware Inc. (VMW) announced a profit for its fourth quarter that climbed compared to the same period last year.

The company said its bottom line totaled $534 million, or $1.26 per share. This was up from $467 million, or $1.08 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.25 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.0% to $1.87 billion. This was up from $1.70 billion last year.

VMware Inc. earnings at a glance:

-Earnings (Q4): $534 Mln. vs. $467 Mln. last year. -Earnings Growth (Y-o-Y): 14.3% -EPS (Q4): $1.26 vs. $1.08 last year. -EPS Growth (Y-o-Y): 16.7% -Analysts Estimate: $1.25 -Revenue (Q4): $1.87 Bln vs. $1.70 Bln last year. -Revenue Change (Y-o-Y): 10.0%

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