VMware Smashed (VMW)*

Everybody’s favourite virtualization software company is down as much as 26% in after-hours trading after a Q4 miss. VMware reported EPS of 26 cents, beating consensus of $0.24, but missing whispers of $0.28. Also, the key metric for momentum stocks like VMware is usually revenue unit growth, and VMware’s $412 million in revenue missed the Street’s $417 million projection. We haven’t had time to dig into the numbers yet, but a hedge-fund source reports that US revenue growth is also slowing.

*UPDATE: Ghastly details from conference call: US weak, guidance low, and licence revenue decelerating rapidly.

Marketwatch, Release

See Also:
Microsoft’s VMWare Killer is Toothless, VMW Safe–Citi

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.


Tagged In

earnings sai-us vmware