— 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
— 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
Micron Technology Inc. (NASDAQ: MU) reported third quarter 2022 earnings results today. Revenue increased 16% year-over-year to $8.64 billion. GAAP net income was $2.63 billion, or $2.34 per share, compared
Shares of Constellation Brands Inc. (NYSE: STZ) were down 4% on Thursday despite the company beating expectations on its first quarter 2023 earnings results. The stock has dropped 7% year-to-date.
Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today. Net sales increased 17% year-over-year to $2.3 billion. Net income attributable to CBI was $390 million, or $2.06