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Technology Stocks : VMware, Inc. (VMW)
VMW 142.480.0%Nov 22 4:00 PM EST
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To: stockman_scott who wrote (250)7/23/2013 6:22:17 PM
From: Glenn Petersen1 Recommendation

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stockman_scott

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VMW is up 10% in AH trading:

InPlay 4:06PM VMware beats by $0.02, reports revs in-line; guides Q3 revs in-line; guides FY13 revs in-line ( VMW) 71.28 : Reports Q2 (Jun) earnings of $0.79 per share, $0.02 better than the Capital IQ Consensus Estimate of $0.77; revenues rose 10.4% year/year to $1.24 bln vs the $1.23 bln consensus.

Co issues in-line guidance for Q3, sees Q3 revs of $1.27-1.30 bln vs. $1.29 bln Capital IQ Consensus Estimate. Sees license revenues in the range of $535-55 mln.

Co issues in-line guidance for FY13, sees FY13 revs of $5.12-5.26 bln (Prior $5.12-5.24 bln) vs. $5.17 bln Capital IQ Consensus Estimate; sees license revenues in the range of $2.21-2.29 bln.

"The second quarter was a strong finish to a solid first half of 2013 for VMware," said Pat Gelsinger, chief executive officer, VMware. "We see a significant market opportunity in the second half of 2013 and beyond. VMware continues to succeed because we are uniquely positioned to help customers move from the client-server era to the mobile-cloud era of computing. As we help them bridge to this new world, we're empowering businesses to capture new levels of efficiency, control and agility."

The press release:

finance.yahoo.com
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