Investing.com - VMware reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
VMware announced earnings per share of $2.02 on revenue of $3.53B. Analysts polled by Investing.com anticipated EPS of $1.98 on revenue of $3.52B.
VMware shares are down 13% from the beginning of the year and are trading at $118.17 , down-from-52-week-high.They are under-performing the S&P 500 which is down 10.02% from the start of the year.
VMware shares gained 0.04% in after-hours trade the report.
VMware follows other major Information Technology sector earnings this month
VMware's report follows an earnings beat by Apple on January 27, who reported EPS of $2.1 on revenue of $123.95B, compared to forecasts EPS of $1.9 on revenue of $119B.
NVIDIA had beat expectations on February 16 with fourth quarter EPS of $1.32 on revenue of $7.64B, compared to forecast for EPS of $1.23 on revenue of $7.42B.
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