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IT

VMware FY revenues hit record USD 10 bln after solid Q4

Friday 28 February 2020 | 10:01 CET | News
VMware reported higher revenues and adjusted profits for the fourth quarter, with strong growth at subscription and SaaS. CEO Pat Gelsinger noted the company delivered over USD 10 billion in annual revenue for the first time, and that it signed a record number of enterprise agreements above USD 10 million in Q4. The CEO added that subscription and SaaS revenue is expected to continue its strong growth this year. The company also noted that results have been recast to reflect its acquisition of Pivotal. 

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Categories: IT
Companies: VMware
Countries: World
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