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VMware gains 2.3% after raising FY21 guidance

Nov. 24, 2020 4:18 PM ETVMware, Inc. (VMW) StockBy: Gaurav Batavia, SA News Editor17 Comments
  • VMware (NYSE:VMW): Q3 Non-GAAP EPS of $1.66 beats by $0.22; GAAP EPS of $1.02 beats by $0.38.
  • Revenue of $2.86B (+16.3% Y/Y) beats by $50M.
  • Raised FY2021 total revenue guidance to $11.7 billion vs. $11.62B consensus and increased GAAP EPS to between $4.17 and $4.27 with non-GAAP EPS of $7.03 vs. $6.64 consensus.
  • Shares +2.3%.
  • Press Release

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