Categories Earnings, Technology

VMware, Inc. (NYSE: VMW): Q4 2020 Earnings Snapshot

— 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

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Most Popular

Aurora Cannabis (ACB) Earnings: 3Q21 Key Numbers

Aurora Cannabis Inc. (NYSE: ACB) reported third quarter 2021 earnings results today. Total revenues fell 25% year-over-year to CAD55.1 million. Adjusted EBITDA loss amounted to CAD24 million. Cash balance as

Walt Disney (DIS) Q2 revenue down 13%; earnings beat estimates

Media behemoth The Walt Disney Company (NYSE: DIS) reported second-quarter revenues that declined from last year as customers stayed away from theatres and parks due to pandemic-related safety issues and

Three key factors that bode well for Tattooed Chef (TTCF) going forward

Shares of Tattooed Chef Inc. (NASDAQ: TTCF) have gained 57% over the past 12 months but has dropped 25% since the start of this year. The sentiment on the stock

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top