About Andrew Kessel Andrew is a financial journalist with experience covering public companies in a wide breadth of industries, including tech, medicine, cryptocurrency, mining and retail. In addition to Proactive, he has been published in a Financial Times-owned newsletter covering broker-dealer firms and in the Columbia Misourian newspaper as the lead reporter focused on higher … Read more
VMware Inc shares slid after hours Thursday despite a second-quarter earnings beat. The cloud computing company reported adjusted earnings of $1.83 per… Source link
One of the most common questions heard at VMware Explore 2023 was “When will VMware announce the sale of Tanzu as a consequence of the recent Broadcom acquisition?” This dialogue sparked discussions within the tech community about Tanzu’s future in the modern application development and management world of Tanzu’s cutting-edge solutions for modern application … Read more
Vinva Investment Management Ltd, a leading investment firm, recently acquired a new stake in VMware, Inc. This strategic move showcases Vinva’s confidence in the virtualization software provider and its potential for growth. According to their latest filing with the Securities & Exchange Commission, Vinva purchased 5,965 shares of VMware stock, equivalent to approximately $740,000. VMware, … Read more
VMware press release (VMW): Q2 Non-GAAP EPS of $1.83 beats by $0.11.Revenue of $3.41B (+2.1% Y/Y) misses by $50M.Subscription and SaaS Revenue of $1.26 billion, an increase of… Source link
VMware, Inc. is a provider of multi-cloud services for all apps that enables digital with enterprise control. Its multi-cloud portfolio, spanning application modernization, cloud management, cloud infrastructure, networking, security and anywhere workspaces, forms a digital foundation on which customers can build, run, manage, connect and protect their workloads. The Company’s products within its application modernization … Read more
AI in various forms has existed for decades, but the subset of generative AI (GAI)—spearheaded recently by ChatGPT—has propelled AI into the public view like never before. Consequently, I would wager that by this point just about every CEO and board of directors has asked, “What is our generative AI story?” Since so many companies … Read more
VMware noted it is currently working with Indian carriers Bharti Airtel, Jio and Vodafone Idea VMware expects to see wide-scale deployment of O-RAN-based 5G in India from 2025, local newspaper The Economic Times reported, citing Sanjay Uppal, senior vice president and general manager of VMware’s service provider and edge business unit. The executive noted that … Read more
News Home Thursday, August 31, 2023 11:07 AM | InvestorsObserver Analysts Mentioned in this article … Source link
On August 31, 2023, VMware, Inc. is scheduled to announce its second-quarter results. Analysts are projecting that the company will report earnings of $1.71 per share for the quarter, which is an improvement compared to the earnings of $1.64 per share from the same period last year. Additionally, the estimated revenue for the quarter is … Read more