VMware forecast adjusted earnings above expectations for the fourth quarter, and global demand for cloud computing drove sales up.

The seller said it expects adjusted earnings of $ 1.96 per share for the fourth quarter, which is above analysts’ expectations of $ 1.89 per share.

The company forecast fourth quarter revenue of $ 3.51 billion.

VMware spun off from Dell Technologies earlier this year.

The software company offers tools that help companies use their own data centers more efficiently and move their computing work back and forth between their own data centers and those of cloud computing companies like Amazon Web Services.

said CEO Raghu Raghuram Reuters in an interview that the company expects sales to grow in all regions of the world in the next financial year.

“IT spending continues …



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