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VMware, Inc. Message Board

  • vmw_kills_shorts vmw_kills_shorts Jan 10, 2012 11:56 AM Flag

    WTF. no follow-up to to the downside?

    I am confused as always.

    Tommystud signed.

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    • no response to the earnings warning posted 10/18/11 and the oracle warning from u ? wow, u must b concerned

      • 1 Reply to tommystudley
      • vmw130targetbygoldman vmw130targetbygoldman Jan 11, 2012 11:49 AM Flag

        What for you to worry? Another upside surprise after many upside surprise.

        U.S. revenues for the third quarter of 2011 grew 22% to $443 million from the third quarter of 2010. International revenues grew 42% to $498 million from the third quarter of 2010, and 37% in constant currency.

        License revenues for the third quarter of 2011 were $444 million, an increase of 29% from the third quarter of 2010, and an increase of 25% measured in constant currency. Service revenues, which include software maintenance and professional services, were $498 million for the third quarter of 2011, an increase of 34% from the third quarter of 2010.

        "VMware's third quarter results were driven by growth across all products. Demand was especially strong in the Asia Pacific markets and we also experienced the seasonal impact of sales to the US Federal Government," said Mark Peek, chief financial officer. "Fourth quarter 2011 revenues are expected to be in the range of $1.03 billion and $1.06 billion, a year-over-year increase of 23% to 27%."

        "I'm pleased with another solid quarter for VMware illustrated by progress with new products, growth across our portfolio and a growing community. We are becoming a significant partner to businesses moving to the cloud," said Paul Maritz, chief executive officer.

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