VMware, Inc. (NYSE: VMW) just posted earnings and the virtualization leader reported that Q4 sales and earnings were $0.36 non-GAAP EPS on $515 million in revenues. Analysts were looking for $0.26 EPS and $512.3 million in revenues. This looks like it really delivered on the bottom line, but it is the outlook that brings some caution.
The company now claims more than 130,000 customers using its products.
VMware is also saying that the outlook is hard to predict in thecurrent time. But it is at least giving some guidance. VMware seesrevenues in the coming quarter coming in at approximately $475million. The bulls are going to have top hope that this is justconservative. First Call has estimates at $496.5 million.
Shares are not really moving on this, except they are marginallylower. We saw a 2% gain to $22.10 in regular trading and shares downat $21.45 in the initial reaction. It looks like the traders are notgoing to make up their minds until we see analyst calls tomorrow.
Jon C. Ogg
January 26, 2009
Cash Back Credit Cards Have Never Been This Good
Credit card companies are at war, handing out free rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
