All Posts Tagged With: "wall street"
VMware’s Financial Results For Q1 Are In, 69 Percent Revenue Increase Beats Wall Street Expectations
VMware’s first-quarter revenue outstripped Wall Street’s expectations Tuesday, but the company’s second-quarter forecast came up short.
23Apr2008 | Robin Wauters | 0 comments | ContinuedVMWare Misses Analysts’ Estimates: While Revenues Go Up, Stock Goes Down
Yesterday, VMware
reported quarterly revenue that fell short of Wall Street expectations and forecast a slowdown in sales growth, sending its shares down more than 26 %.
The highlights from the official
announcement :
Total revenues for the fourth quarter were $412 million, an increase of 80% compared to the year-ago quarter.
GAAP operating income for the fourth [...]
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