VMW beats the analysts estimates ($656.4 million in sales and $.32 in non-GAAP EPS) for the second quarter:
Full company press release
VM profit more than doubles, sales gain
By Rebecca L. McClay
July 20, 2010, 4:49 p.m. EDT
SAN FRANCISCO(MarketWatch) - VMware Inc. /quotes/comstock/13*!vmw/quotes/nls/vmw (VMW 75.30, +2.88, +3.98%) reported a 129% rise in net earnings for the second quarter on Tuesday. The company said its net income was $74.5 million, or 18 cents per share, compared to a net income of $32.5 million, or 8 cents per share, for the same quarter last year. VMware said earnings would have been $142 million, or 34 cents a share, on a non-GAAP basis. Revenue jumped 48% to $674 million from the second quarter of 2009, surpassing analyst estimates. Analysts were expecting earnings of 20 cents a share and revenue of $656.7 million, according to FactSet
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