VMware Q2 Profit Tops Estimate

(RTTNews) - VMware, Inc. (VMW) reported net income for the second quarter of $172 million or $0.40 per share, compared to $167 million or $0.38 per share for the year-ago quarter.

Excluding items, adjusted net income for the second quarter was $396 million or $0.93 per share, compared to $351 million or $0.81 per share in the prior year quarter.

Total revenues for the second quarter rose 4% to $1.52 billion, while adjusted total revenues for the second quarter increased 10% to $1.60 billion.

Analysts polled by Thomson Reuters expected the company to earn $0.91 per share on revenue of $1.59 billion for the second quarter. Analysts' estimates typically exclude special items.