Total sales growth of 11% over the previous year
Subscription and SaaS ARR for the third quarter were $ 3.31 billion, up 25% year over year
PALO ALTO, California, November 23, 2021– (BUSINESS WIRE) – VMware, Inc. (NYSE: VMW), a leading enterprise software innovator, today announced financial results for the third quarter of fiscal year 2022:
-
GAAP net income for the third quarter was $ 398 million, or $ 0.94 per diluted share, an 8% decrease per diluted share from $ 434 million, or $ 1.02 per diluted share in the third quarter of fiscal year 2021. Non-GAAP net income for the third quarter was $ 725 million, or $ 1.72 per diluted share, up 3% per diluted share over $ 704 million or $ 1.66 per share diluted share in the third quarter of fiscal year 2021.
-
GAAP operating income for the third quarter was $ 519 million, up 21% over the third quarter of fiscal 2021.
“We…