VMware Inc VMW reported a Q2 FY24 revenue increase of 2% Y/Y to $3.41 billion, missing the consensus of $3.46 billion.
Subscription and SaaS revenue increased 34% Y/Y to $1.26 billion. Subscription and SaaS ARR were up 36% Y/Y to $5.31 billion.
Non-GAAP operating income rose 1% Y/Y to $977 million.
Non-GAAP EPS of $1.83 beat the consensus of $1.71.
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Operating cash flow stood at $444 million, while free cash flow was $350 million.
As of…
