Investing.com - VMware reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
VMware announced earnings per share of $1.64 on revenue of $3.34B. Analysts polled by Investing.com anticipated EPS of $1.58 on revenue of $3.31B.
VMware shares are up 5.29% from the beginning of the year and are trading at $122.75 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
VMware shares gained 0.61% in after-hours trade after the report.
VMware follows other major Information Technology sector earnings this month
VMware's report follows an earnings beat by Apple on Thursday, July 28, 2022, who reported EPS of $1.2 on revenue of $82.96B, compared to forecasts EPS of $1.16 on revenue of $82.79B.
NVIDIA had missed expectations on Wednesday with second quarter EPS of $0.51 on revenue of $6.7B, compared to forecast for EPS of $0.5297 on revenue of $6.83B.
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