VMware Reports Fiscal 2018 Third Quarter Results
(World News Science)

Year-over-year revenue growth of 11% to $1.98 billion; Continued broad-based strength across product portfolio and geographies PALO ALTO, CA -- (Marketwired) -- 11/30/17 -- VMware, Inc.(NYSE: VMW), a global leader in cloud infrastructure and business mobility, today announced financial results for fiscal 2018 third quarter: Revenue for the third quarter was $1.98 billion, an increase of 11% from the third quarter of 2016. License revenue for the third quarter was $785 million, an increase of 14% from the third quarter of 2016. GAAP net income for the third quarter was $443 million, or $1.07 per diluted share, up 43% per diluted share compared to $319 million, or $0.75 per diluted share, for...