Welcome!

Search Authors: Shelly Palmer, Max Katz, Kevin Benedict, Alex Forbes, Tomohiro Iizuka

Related Topics: Virtualization, Cloud Expo

Virtualization: Article

VMware Numbers Up

US revenues up 43% to $334M and international revenues up 53% to $340M

VMware, which makes the stuff of clouds, turned up Tuesday with Q2 revenues up 48% to $673.9 million, exceeding predictions. It earned $75 million, or 18 cents a share, more than double a year ago.

It said US revenues were up 43% to $334 million and international revenues up 53% to $340 million. License revenues were $324 million, up 42%, and service revenues, which include software maintenance and professional services, were up 54% to $350 million.

It said the results were driven by demand across all products and regions.

Total deferred revenues were $1.5 billion, up 58%.

This quarter it expects revenues between $680 million and $705 million with license revenues flat sequentially. The projection is supposed to be conservative because of the dicey macroeconomy, particularly Europe. Still it’s more than the $671.9 million that the Street had guessed.

The virtualization company raised its guidance for the year to between $2.725 billion and $2.8 billion, an increase of 35%-38% over last year. Analysts had predicted $2.71 billion.

VMware’s got $2.8 billion in the bank, an increase of 21% over this time last year.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.