vmware reports q3 sales of $1.67b, stock drops after dell offers $67b for emc /

Published at 2015-10-12 17:09:13

Home / Categories / Enterprise / vmware reports q3 sales of $1.67b, stock drops after dell offers $67b for emc
 Alongside the not-unexpected news that Dell would acquire EMC in a record $67.1 billion deal,EMC-controlled VMware released an early glance at its Q3 results: the virtualization giant said it expects to post $1.672 billion in sales, with non-GAAP net income of $1.02/share. The market, or at least initially,doesn’t glance very impressed: shares of VMware dropped by as much as 10% in…Read More

Source: techcrunch.com

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