126.66 -8.97 (-6.61%)
After hours: 7:58PM EST
|Bid||126.83 x 900|
|Ask||127.40 x 1000|
|Day's Range||135.45 - 143.04|
|52 Week Range||128.69 - 206.80|
|Beta (5Y Monthly)||1.04|
|PE Ratio (TTM)||8.62|
|Earnings Date||Feb 26, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 30, 2018|
|1y Target Est||181.12|
VMware (VMW) delivered earnings and revenue surprises of -5.09% and 4.26%, respectively, for the quarter ended January 2020. Do the numbers hold clues to what lies ahead for the stock?
VMware shares fell in after-hours trading after the technology company posted earnings and provided guidance below the Wall Street estimates.
VMware (NYSE: VMW ) reported quarterly earnings of $2.05 per share on Thursday, which missed the analyst consensus estimate of $2.17 by 5.53%. This is a 3.54% increase over earnings of $1.98 per share ...
PC maker Dell Technologies Inc reported its slowest quarterly revenue growth since its return to the public market, hurt by weakness in its data center business and said it plans to buy back up to $1 billion worth of shares. Dell had flagged concerns of weakness in its data center business in the third quarter, saying that demand will "remain challenged". Revenue from the company's infrastructure solutions group, that houses its data center business, fell more than 11% to $8.76 billion in the fourth quarter ended Jan. 31, missing estimates of $9.61 billion.
VMware Inc. is expected to report its fiscal fourth-quarter results after the market close Thursday. In the daily bar chart of VMW, below, we can see that prices have quickly declined to come within "striking distance" of the August low. The daily On-Balance-Volume (OBV) line has been weak since late November telling us that sellers of VMW have been more aggressive for a while now.
Wall Street analysts are predicting that the company will report fiscal fourth-quarter adjusted earnings of $2.17 per share and $2.95 billion of revenue.
VMware Carbon Black ‘2020 Cybersecurity Outlook’ Report Reveals Evolving Attacker Behaviors, Relationship Dynamics Between IT and Security Teams
VMware and Deutsche Telekom Unveil Collaboration on Cloud-based Open and Intelligent Virtual RAN Platform
Communications Service Providers Globally Select VMware’s 5G-Ready NFV Platform as the Foundation for their Telco Cloud Strategy
Global Service Providers Help Customers Reduce Costs, Improve WAN Performance and Speed Deployments with VMware SD-WAN
Dell Technologies' (DELL) fourth-quarter fiscal 2020 results are expected to reflect the PC market share gain and the growing HPC clientele despite the overall softness in server market.
VMware Makes Comprehensive Workload and Network Security More Economical and Easier to Operate Inside Data Centers and Clouds
VMware (VMW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced that Pat Gelsinger, VMware’s chief executive officer, will present as a keynote speaker at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA on Wednesday, March 4, 2020 at 12:00 p.m. PT/ 3:00 p.m. ET.
VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced that Pat Gelsinger, VMware’s chief executive officer, will present as a speaker at the KeyBanc 15th Annual Emerging Technology Summit in San Francisco, CA on Wednesday, March 4, 2020 at 4:30 p.m. PT/ 7:30 p.m. ET.
Here we discuss a few companies, including Palo Alto Networks (PANW), which have the resources to overcome the challenges and build a completely SASE-based security model.
(Bloomberg) -- Dell Technologies Inc. has sold one of its cybersecurity units, RSA, to a consortium led by Symphony Technology Group, Ontario Teachers’ Pension Plan Board and AlpInvest Partners, part of the computer maker’s efforts to streamline its business.The $2.08 billion all-cash transaction is expected to close in the next six to nine months, the companies said Tuesday in a statement. Bloomberg News reported in November that Round Rock, Texas-based Dell was exploring a sale of RSA.The tech giant has sought to simplify its sprawling empire of hardware, software and security businesses that operate under the Dell Technologies banner, seeking to keep up with changing industry trends and to pay down debt. VMware Inc., the software maker majority-owned by Dell, purchased Pivotal Software Inc. after that company, partially owned by Dell, struggled on the public markets. By selling RSA, Dell is offloading an asset that has had trouble competing with more modern rivals such as Okta Inc.“This is the right long-term strategy for Dell, RSA and our collective customers and partners,” Jeff Clarke, the chief operating officer and vice chairman of Dell, said in the statement. “The transaction will further simplify our business and product portfolio.”As of November, Dell said it had repaid more than $18 billion in gross debt since its EMC Corp. acquisition, announced at $67 billion, closed three years ago and was on target to repay about $5 billion of gross debt in fiscal 2020.To contact the reporter on this story: Nico Grant in San Francisco at firstname.lastname@example.orgTo contact the editors responsible for this story: Jillian Ward at email@example.com, Andrew PollackFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The Zacks Analyst Blog Highlights: VMware, Applied Materials, Equinix, Shopify and Johnson Controls International
VMware to Announce Fourth Quarter and Fiscal Year 2020 Financial Results on Thursday, February 27, 2020
The software giant is laying off its chief technology officer for edge computing and the Internet of things, plus two vice presidents and two directors who focus on edge and IoT.