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VMware Inc (VMW.N)

VMW.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

VMware sees Q1 diluted non-GAAP EPS $0.93-$0.96
Thursday, 26 Jan 2017 06:39pm EST 

VMware Inc : Board approves transition to Dell fiscal calendar 52/53 week-year ending on the Friday closest to Jan. 31st . Will have a transition period from Jan. 1st - Feb. 3rd, 2017 and beginning Feb 4th calendar will be aligned to Dell’S FY18. . The Q1 of FY18 will begin on Feb. 4th and end on May. 5th 2017 . The transition period’s results will be included in the first 10-Q of fiscal 2018 . Sees Q1 total revenue between $1.675 billion -$1.725 billion (midpoint of $1.70 billion) . Sees Q1 license revenue between $590 million -$620 million (midpoint of $605 million) . Sees Q1 diluted non -GAAP EPS $0.93-$0.96 (midpoint of $0.945) . Sees FY18 total revenue about $7.57 billion . Sees FY18 license revenue about $2.97 billion . Sees FY18 diluted non-GAAP EPS about $4.87 . Sees FY18 non-GAAP operating margin about 32.3 percent . Sees Q1 FY18 non-GAAP operating margin about 28.2 percent . FY2018 earnings per share view $4.99, revenue view $7.83 billion -- Thomson Reuters I/B/E/S . Q1 earnings per share view $0.96, revenue view $1.69 billion -- Thomson Reuters I/B/E/S . FY2017 earnings per share view $4.69, revenue view $7.44 billion -- Thomson Reuters I/B/E/S Further company coverage: [VMW.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

VMware reaffirms previously provided FY 2016 revenue, cash flow guidance
Friday, 26 Aug 2016 05:14pm EDT 

VMware Inc : Reaffirmed the fiscal year 2016 revenue and cash flow guidance that it had previously provided on July 18, 2016 - sec filing .FY 2016 revenue view $7.00 billion -- Thomson Reuters I/B/E/S.  Full Article

VMware Q2 GAAP earnings per share $0.62
Monday, 18 Jul 2016 04:15pm EDT 

Vmware Inc : Vmware reports second quarter 2016 results . Q2 non-gaap earnings per share $0.97 . Q2 gaap earnings per share $0.62 . Q2 earnings per share view $0.95 -- Thomson Reuters I/B/E/S .Q2 revenue $1.69 billion versus i/b/e/s view $1.68 billion.  Full Article

WMware, IBM expand cloud partnership with desktop services
Tuesday, 14 Jun 2016 08:05am EDT 

WMware Inc : WMware and IBM expand global cloud partnership with desktop services . The two companies will jointly market and sell WMware horizon air portfolio of cloud services around world throughout year .Availability WMware horizon air on IBM cloud is expected to be available in Q3 2016.  Full Article

VMware announces intent to acquire Arkin Net
Monday, 13 Jun 2016 08:00am EDT 

VMware Inc : Financial details of transaction were not disclosed . Transaction is expected to close in Q2 2016 .Announces intent to acquire Arkin Net to help customers accelerate adoption of VMware NSX And software-defined data centers.  Full Article

VMware Inc to cut 800 jobs, sees weak 2016 - Reuters
Tuesday, 26 Jan 2016 08:18pm EST 

VMware Inc:VMware Inc VMW.N forecast 2016 revenue and profit below analysts' expectations, suggesting the software maker's strong growth in new businesses was not enough to compensate for weakness in its traditional server-virtualization software - RTRS.The Palo Alto, California-based company also said it would cut about 800 jobs. At the same time, VMWare, whose parent, EMC Corp EMC.N is being acquired by Dell Inc DI.UL, appointed EMC Chief Financial Officer Zane Rowe as its finance chief, replacing Jonathan Chadwick - RTRS.VMWare, like many technology providers, is struggling to keep pace with its customers' efforts to move key computing infrastructure to the cloud, meaning remote data centers - RTRS.  Full Article

VMware Inc will lay off up to 900 people next week - Fortune, citing sources - RTRS
Friday, 22 Jan 2016 03:12pm EST 

VMware Inc:Insiders brace for big cuts - fortune, citing sources - RTRS.Will lay off up to 900 people, or about 5 percent of its global head count, next week - fortune, citing sources - RTRS.  Full Article

VMware Inc collaborates with Intel Security
Tuesday, 5 Jan 2016 08:00am EST 

VMware Inc:Says expansion of its collaboration with Intel Security to include joint solutions for customers using AirWatch A by VMware A enterprise mobility managementa platform.Says two companies have partnered on two initiatives to enable technology integrations that will help enterprises meet today's complex mobile security challenges more effectively and efficiently.  Full Article

EMC Corp and VMware Inc Reveal New Cloud Services Business
Tuesday, 20 Oct 2015 04:05pm EDT 

EMC Corp and VMware Inc:Plans to form the Federation's new cloud services business by combining their respective cloud capabilities, along with existing Virtustream cloud offerings, under the Virtustream brand.Virtustream will be jointly owned by VMware and EMC and led by Rodney Rogers, CEO of Virtustream.The parties are finalizing a definitive agreement for the transaction.Virtustream's financial results will be consolidated into VMware's financial statements beginning in Q1 2016.  Full Article

VMware Inc gives Q3 2015 guidance
Monday, 12 Oct 2015 07:02am EDT 

VMware Inc:Sees Q3 2015 GAAP net income per diluted share to be $0.60, up 35 pct. year over year.Sees Q3 2015 non-GAAP net income per diluted share to be $1.02 per share, up 18 pct. year over year.Sees Q3 2015 total revenues plus sequential change in total unearned revenues to grow 3 pct. year-over-year, or grow 8 pct. year-over-year in constant currency.  Full Article

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BRIEF-VMware CEO Patrick Gelsinger's FY 2016 total compensation was $14.84 mln vs $14.4 mln in FY 2015 - SEC filing

* CEO Patrick Gelsinger's FY 2016 total compensation was $14.84 million versus $14.4 million in FY 2015 - SEC filing