VMware: Q1 Earnings Insights

VMware 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.

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