Stock Market Earnings VMW VMWare Upside Earnings 2011 Stock Down After Hours

Date:1/24/2010

Stock Market Earnings VMW VMWare Upside Earnings 2011 Stock Down After Hours. Live stock market trading video on VMW. VMWare reported their earnings and issued upside earnings guidance for 2011.

VMware beats by $0.02, beats on revs; guides Q1 revs above consensus; guides FY11 revs above consensus (VMW) 87.73 -2.93 : Reports Q4 (Dec) earnings of $0.46 per share, $0.02 better than the Thomson Reuters consensus of $0.44; revenues rose 37.5% year/year to $836 mln vs the $803.7 mln consensus. VMW reports Q4 Operating Margins of 29.6% vs 29.6% street consensus; Guidance 29-30%.

Co issues upside guidance for Q1, sees Q1 revs of $800-820 mln vs. $786.11 mln Thomson Reuters consensus. Co issues upside guidance for FY11, sees FY11 revs of $3.45-3.55 bln vs. $3.42 bln Thomson Reuters consensus.

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