VMware, Inc. (VMW) Stock Jumps After Earnings Beat

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VMware, Inc. (VMW) Stock Jumps After Earnings Beat

VMware, Inc. (NYSE:VMW) released its earnings numbers for the first three months of 2014 this afternoon after the market closed in New York. The company showed earnings of $0.80 per share for the period it records as its first quarter. Revenue came in at $1.36 billion. On today’s market shares in VMware trended up, along with the rest of the tech sector, and finished trading at $77.48.

41 analysts following the enterprise software firm saw earnings per share coming in at $0.79 by consensus. The same analysts, who were surveyed by Bloomberg, were looking for revenue of $1.4 billion from VMware, Inc. (NYSE:VMW) . In the same three months of last year VMware managed to earn 74 cents per share on revenue of $1.2 billion.

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VMware stock explodes after earnings

Stock in VMware Inc.