VMware falls as Q2 revenue misses estimates

VMware

01/09/2023 18:08

** Shares of cloud computing firm VMware  VMW.N  down 2.5%
at $164.64
    ** Co posts Q2 revenue of $3.41 bln, below analysts' est. of
$3.46 bln - LSEG
    ** VMW adj. EPS of $1.83 tops expectations of $1.71
    ** At least three brokerages raise PTs on VMW after results
    ** Including session moves, VMW shares up 33.9% YTD

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))