— VMware, Inc. (NYSE: VMW) reported adjusted earnings of $2.05 per share for the fourth quarter of 2020, vs. $2.17 per share expected.
— Net income was $321 million or $0.76 per share, compared to $496 million or $1.17 per share in the fourth quarter of 2019
— Revenues increased 11% annually to $3.07 billion from $2.76 billion last year, vs. $2.95 billion expected
Also Read: Dell Technologies (DELL) misses Q4 2020 earnings view
— Subscription and SaaS & license revenue totaled $1.59 billion, up 14% year-over-year
— Fourth-quarter operating income came in at $250 million, a decrease of 58% from the prior-year quarter
— Operating cash flow was $1.09 billion; free cash flow totaled $1.02 billion
— Signed a record number of enterprise agreements above $10 million in the fourth quarter
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
