Fiscal year 21 revenue of $ 11.8 billion; Growth of 9% compared to the previous year
Subscription and SaaS revenue of $ 2.6 billion; 22% of total sales for fiscal year 21
VMware, Inc. (NYSE: VMW), a leading enterprise software innovator, today announced financial results for the fourth quarter and full fiscal year 2021:
Revenue for the fourth quarter was $ 3.3 billion, an increase of 7% over the fourth quarter of fiscal 2020.
The combination of subscription and SaaS and licensing revenues was $ 1.7 billion, an 8% increase over the fourth quarter of fiscal 2020.
Subscription and SaaS revenue was $ 707 million for the fourth quarter, up 27% year over year.
GAAP net income for the fourth quarter was $ 791 million, or $ 1.87 per diluted share, compared to $ 321 million, or $ 0.76 per diluted share for the fourth quarter of fiscal 2020. Non-GAAP net income for the fourth quarter was $ 936 million, or $ 2.21 per diluted share, up 8% per diluted share compared to $ 868 million, or $ 2.05 per diluted share, …