Investing.com - VMware reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
VMware announced earnings per share of $1.28 on revenue of $3.09B. Analysts polled by Investing.com anticipated EPS of $1.56 on revenue of $3.19B.
VMware shares are up 4.02% from the beginning of the year and are trading at $121.96 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
VMware shares gained 1.18% in pre-market 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, April 28, 2022, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.42 on revenue of $94.03B.
NVIDIA had beat expectations on Wednesday with first quarter EPS of $1.36 on revenue of $8.29B, compared to forecast for EPS of $1.3 on revenue of $8.12B.
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