total. The core mobile & desktop business (includes PC/app virtualization and MDM offerings, seeing tough competition from VMware ) only rose 4% to $396M. Citrix's subscription business (+50% Y/Y, now handling over 400K users) was a strong point
model. Demand grew at about 60% during the quarter as Pivotal Cloud Foundry and Big Data Suite gained traction in the market. VMware had a strong quarter and was up 17% year-over-year and ELAs grew to 37% of bookings on the back on strong renewal rates
rejects Elliott's call to divest VMware ( VMW +1.8% ), and uses its earnings ..... strategy that involves holding onto VMware and Pivotal. Information Storage ..... increases in R&D and .SG&A spend. VMware is moving higher, following an initially
July 23 (Reuters) - EMC Corp, the world's largest data storage equipment maker, reported a 5 percent rise in quarterly revenue, helped by sales of flash storage products and growth at its VMware Inc virtualization software unit.
Wall Street Breakfast Editors submit: Economy U.S. regulators are expected to approve new rules that force prime money funds held by asset managers to float their share price (instead of the stable $1 per share NAV) and limit access or impose fees on investors if they redeem shares in times of ...
VMware reported an encouraging second quarter and management maintained its full-year ..... continue to invest heavily in newer business areas. During the quarter, VMware generated free cash flow of $333 million and repurchased approximately 2
VMware (NYSE: VMW ) guided on its Q2 CC for ..... guidance of $605M-$615M. VMware expects Q3 license revenue ..... revenue +23% to $1.68B. VMW +0.5% AH, as the guidance ..... Elliott Management to unload VMware , reports Wednesday morning
(Corrects headline and first paragraph to say revenue rose 17 pct, not 17.7)
July 22 (Reuters) - VMware Inc posted a better-than-expected 17 percent rise in quarterly revenue as more customers signed up for its virtualization software, which helps cut the cost of moving data to the cloud.
VMware (NYSE: VMW ): Q2 EPS of $0.81 beats by $0.02 . Revenue of $1.46B (+17.7% Y/Y) beats by $20M . Press Release Post your comment!