VMware, Inc. (VMW) reported stronger-than-expected Q2 results for Fiscal 2022, topping both earnings and revenue estimates driven by robust growth in bookings across all major categories. However, shares of the cloud computing and virtualization technology company fell 5.9% in Thursday’s extended trading session. Notably, VMware is currently owned by Dell Technologies (DELL) and is slated to complete its announced spin-off in early November. (See VMware stock charts on TipRanks) The company reported adjusted earnings of $1.75 per share, beating analysts’ expectations of $1.64 per share. However, EPS was down 3% year-over-year compared to $1.81 per share reported in the prior-year period. On the positive side, revenues jumped 9% year-over-year to $3.
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Vmware (NYSE:VMW)
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