Investing.com - VMware reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
VMware announced earnings per share of $1.72 on revenue of $3.19B. Analysts polled by Investing.com anticipated EPS of $1.54 on revenue of $3.12B.
VMware shares are down 16.85% from the beginning of the year and are trading at $120.50 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
VMware shares gained 3.33% in after-hours trade the report.
VMware follows other major Information Technology sector earnings this month
VMware's report follows an earnings matched by Apple on October 28, who reported EPS of $1.24 on revenue of $83.36B, compared to forecasts EPS of $1.24 on revenue of $85.05B.
Microsoft had beat expectations on October 26 with first quarter EPS of $2.27 on revenue of $45.32B, compared to forecast for EPS of $2.08 on revenue of $44B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar