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Technology Stocks : VMware, Inc. (VMW)

VMW 142.48

0.0%

Nov 22 4:00 PM EST

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To: Glenn Petersen who wrote (245)	7/19/2011 5:11:28 PM
From: Glenn Petersen	of 358

VMW beats the consensus estimates; the shares are trading about $6 higher in AH. InPlay 4:09PM VMware beats by $0.04, beats on revs; guides Q3 revs above consensus; guides FY11 revs above consensus (VMW) 106.02 +5.24 : Reports Q2 (Jun) earnings of $0.51 per share, $0.04 better than the Capital IQ Consensus Estimate of $0.47; revenues rose 36.8% year/year to $921 mln vs the $873.5 mln consensus. Co issues upside revenue guidance for Q3, sees Q3 revs of $915-940 mln vs. $898.75 mln Capital IQ Consensus Estimate. The third quarter non-GAAP operating margin is expected to decline sequentially by 260 to 360 basis points. Co issues upside guidance for FY11, sees FY11 revs of $3.65-3.75 bln vs. $3.63 bln Capital IQ Consensus Estimate. The full press release: finance.yahoo.com

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