VMware Inc Narrows FY 2013 Revenue Guidance To A Range In Line With Analysts' Estimates; Issues Q4 2013 Revenue Guidance In Line With Analysts' Estimates - Conference Call

Monday, 21 Oct 2013 04:00am EDT 

VMware Inc announced that it is maintaining the midpoint of fiscal 2013 guidance, up $5.190 billion and narrowing the range to between $5.175-$5.205 billion, representing year-over-year growth of 12%-13%. Excluding Pivotal, its total revenue growth for fiscal 2013 is expected to be between 16%-17%. For fourth quarter of 2013, it expects total revenues to range from $1.450-$1.480 billion or a growth of between approximately 12% to 14%. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $5.197 billion for fiscal 2013 and revenue of $1.476 billion for fourth quarter of 2013. 

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31 Jul 2015