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General

VMware reports higher revenues, underlying profit in Q2 driven by subscription, SaaS

Friday 28 August 2020 | 09:23 CET | News
VMware reported higher revenues and underlying profit for its fiscal second quarter 2021, driven by subscription and SaaS, and in spite of these "uncertain times," CEO Pat Gelsinger said. Revenues for the quarter lifted 9 percent from the year earlier to USD 2.88 billion, with subscription and SaaS revenue jumping 44 percent to USD 631 million. The combination of subscription and SaaS and license revenue rose 11 percent to USD 1.35 billion. 

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Categories: General
Companies: VMware
Countries: World
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