VMware (NYSE:VMW) reported its Q1 earnings results on Thursday, June 1, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
VMware missed estimated earnings by 5.7%, reporting an EPS of $1.49 versus an estimate of $1.58.
Revenue was up $189.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.21 which was followed by a 6.86% increase in the share price the next day.
Here’s a look at VMware’s past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.92 | 1.58 | 1.57 | 1.57 |
| EPS Actual | 2.13 | 1.47 | 1.64 | 1.28 |
| Revenue Estimate | 3.63B | 3.35B | 3.30B | 3.21B |
| Revenue Actual | 3.71B | 3.21B | 3.34B | 3.09B |
To track all earnings releases for VMware visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
