Vmware Inc. - Ordinary Shares - Class A

NYSE:VMW  
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Other Pre-Announcement

VMware Reports Fiscal Year 2023 First Quarter Results

Published: 05/26/2022 11:22 GMT
Vmware Inc. - Ordinary Shares - Class A (VMW) - Vmware Reports Fiscal Year 2023 First Quarter Results.
Q1 Non-GAAP Earnings per Share $1.28.
Q1 GAAP Earnings per Share $0.57.
Q1 Revenue Rose 5 Percent to $3.14 Billion.
Q1 Earnings per Share View $1.56, Revenue View $3.19 Billion -- Refinitiv Ibes Data (analyst estimates).
Suspending Its Financial Guidance for Full Fiscal Year 2023.
Canceling Its May 26 Conference Call and Webcast to Discuss Its Fiscal Year 2023 Q1 Financial Results.
Will Not Be Providing Financial Guidance for Q2 2023.
Qtrly Subscription and Saas Revenue of $899 Million, an Increase of 21% Year-over-year.
When Excluding Impact Associated With Suspension of Business Operations in Russia, Foreign Currency, Revenue for Q1 Was $3.14 Billion, Up 5%.
Excluding Impact From Suspension of Operations in Russia and Foreign Currency, Qtrly Subscription and Saas Revenue Was $912 Million.