More on VMware's Q1: Company expects Q2 revenue of $1.1B-$1.12B and 2012 revenue of...

|By:, SA News Editor

More on VMware's Q1: Company expects Q2 revenue of $1.1B-$1.12B and 2012 revenue of $4.525B-$4.625B, in-line with consensus of $1.11B and $4.57B. Unearned revenue balance grew by $99.7M to $2.81B, though that increase is less than the $118.4M posted a year ago. Free cash flow was $543M, eclipsing net income of $287M. License revenue grew just 15% Y/Y, but services revenue grew 35% and made up 54% of sales. VMW +0.4% AH. (PR)